Global Capital Reserves: Home Price Appreciation "Not Supportable"

“Temporary tax credits change behavior temporarily. It’s simply shifted
demand forward. ... It actually created some price appreciation that’s not
supportable long term.”
Douglas Duncan, Fannie Mae Chief Economist, June 4, 2010

Disclaimer:

This is a personal, not-for-profit web site, reflecting the opinions of its author. It is intended to be a personal journal of private trading and insights into the author's experience and trading methodologies. It is not a production of the author's employer or his business, nor is it affiliated with any NASD broker/dealer. Statements on this site do not represent the views or policies of anyone other than the author and/or invited guest authors. The information on this site is provided for discussion and recording purposes only, and are not investment or trading recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities or any other financial instruments.
This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results. All images on this site are presumed to be in the public domain. Please advise us if this is not the case for removal.

Friday, June 4, 2010

Home Price Appreciation "Not Supportable"

Portfolio Manager, Head Strategist

About Me

My Other Blogs:

Blog Archive

Recommended Book List

Labels

Disclaimer: