Will house values drop like they did in Japan?
In forecasting, it is often useful to show trend lines in a graphical fashion. This way, you may see a pattern forming, and get the jump on a profitable strategy. I outline this method in greater detail in a book called Future Inc.
That’s why I love this gem, one in a long line of gems from Mish. For those who think our housing assets will hold value, he sees the value curve, and the associated thinking, as following the same pattern as the Japanese housing bubble, from which the country has scant recovered.
What do you think?
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