Gallup Economic Poll for 2008 - Forecast By Consensus
OK, help me out. When gas prices go up, that’s bad. When the price of healthcare goes up, that’s bad. When the price of groceries goes up, that’s bad. Yet when the prices of homes go down, that’s bad?
Well, it is if you’re using the equity in your house to pay for your groceries, your healthcare, and your gasoline, I suppose.
But if you’re looking to get out from under your landlord, that’s good! (Unless the prediction about rising interest turns out to be true. So far I’ve been wrong about that issue myself, and expected it to rise more and sooner than it has).
Here’s some more crystal ball stuff.
