I am always drawn to threads about real estate. Today's thread "The Future of Real Estate" reminded me of an old thread here titled "US Home Values Bottomed Out?" That thread was in mid-2008. And here we are. Three years later. And yet, the fact remains -- nobody knows.
I like to listen to
Marketplace Money on NPR. And when I saw this thread I thought about something I heard there a couple of weeks ago. And so I did a quick search of the archives and found it.
This is a short interview with the chief economist of Zillow. This interview was done on April 22, and the interviewer refers back to an interview done a year ago with him.
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And guess what.....the chief economist of Zillow doesn't know either.
If you would like to listen to the interview, you can do so with this link or you can just read it if you want to.
http://marketplace.publicradio.org/d...using-market-/
If you do not know about
Marketplace Money and would like to know more, you could do a little pointing and clicking around the site and you might find some things that interest you. I am a bit behind on my listening, but all is well. Those shows are there in the archives when I want them, of course. -- Ahhh, I still remember my excitement over my brand new Beta-Max.
Boomer