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2010 Real Estate Economic Forecast

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Uploaded by on Dec 16, 2009

http://www.realestatenorcal.com CALIFORNIA ASSOCIATION OF REALTORS® Chief Economist Leslie Appleton-Young presents the 2010 Economic Forecast

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  • She basically says that if the government doesn't prop up the economy the recovery will take longer. That means the economy is very weak, and will get weaker as the dollar devalues. Also, the stimulus has not created sustainable jobs!!!

  • LOL "it doesn't feel that way". No kidding! it feels depressed cause the market IS depressed. forclosures will continue to rise as we continue to loose jobs and therefore foreclosures keep rising. next year does not look good, I am buying metals and freeze dried goods! My guess? look for hyperinflation middle to late 2010 and increasing amount of homeless camps.

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