Sep 12, 2008

Karl Case on calling the housing bottom

Anybody who tells you they know when the housing market will bottom is delusional, but anybody who denies there are some positives out there that could make the housing market bottom fairly soon is equally delusional.

~ Karl Case, professor at Wellesley College in Massachusetts and co-developer of the S&P/Case-Shiller home price indices, "Ray Of Hope Amid U.S. Gloom?," National Post, August 14, 2008

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