sixty minutes, page-58

And another thing:

1. House prices have increased by 82.78% in the past 10 years .

2. CPI has increase in the last 10 years (Sept98 - Sept08) 218.8 - 163.6 = 55.2%


Difference therefore between increase in House Prices and CPI is 82.78 - 55.2 = 27.58% this is the amount that House Prices need to fall or CPI to rise to meet so if you allow CPI increase of 13.8% and fall by 13.8% then the two should meet in roughly 55.2/10=5.52 ... 13.8/5.52=2.5years exactly... this is the maximum length of recession (from here) and I think this period will be cushioned as noted above.