commercial and residential Real Estate prices have been falling for three years now and these things do not tend to reverse themselves quickly Economist Robert Shiller Economics professor at Yale University tells CNN that the recent boost in consumer confidence won't link to a turnaround in the housing market.On the other hand while confidence is up unemployment is rising sharply we are at 9.5 % and it will even rise higher . Nouriel Roubini talks about 11% unemployment in 2010...
No comments:
Post a Comment