New Update of 120-Year Residential Property Series Suggests 22 Percent Nationwide Fall Ahead
April 5th, 2010 • Related • Filed Under
About the Author
Michael White is the CEO of The New Mortgage Company. He has seventeen years in real estate as lender, owner, and mortgage originator. He has purchased and sold more than 275 properties for his own account, made hundreds of real estate loans for his portfolio, and originated hundreds of mortgages as a broker.
Further to my comment of 9 August 2016, unlike the old Bank Rate system with its high interest rates, Quantitative…
Comment by Really? on 7 April 2010:
What does the vertical axis represent?
Comment by Musso on 12 April 2010:
The vertical axis seems to provide a value above or below the average of 104, i.e.it seems to have reached over 200 at the top of the bubble, and around 70 during the depression and in 1950. The latter is kind of surprising considering post WWII demand. Perhaps too many people got on the developer bandwagon, driving prices down.