Friday, September 17, 2010

"Keep Your Powder Dry": Housing Slump Still Not Over, Says Economist David Levy

I usually don't post videos, but this one is informative, but it's a little technical.  His opinion is like the CNBC article I post which claims the beginning of the double dip in housing.  But opinions on housing/economy are all over the place right now.  

A hot topic recently is whether home ownership is still considered the American dream.  “Home ownerships should not be purely and investment, it should be something that should make sense for your life,” Levy says. “To our clients interested in acquisitions, our general theme is keep your powder dry. The best opportunities are definitely going to come, but there's no rush.”
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