lastest from the professor you love to hate..., page-19

Redmond, again oyur views are very interesting but seem to based on what you want to happen so you can afford to buy a house.

houses are over valued by double, so they need to fall by 50% not 40%. but no reasons apart from your chart.

there is going to be a massive oversupply of housing. Where is this coming from and dont tell from all the people selling their invesmtent properties and the foreclosures. People need to live somewhere

houses will go up but at rates following growth in wages

but you have not supported your rise in house prices caused consumers to have less money. Debt is the determining factor in the amount of money on hand and the interest rate applying.