| Subject: | A Picture Worth a Thousand Words--Housing Values In the US 1990-2010 |
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| Date: | Sat, 16 Apr 2011 09:10:10 -0700 |
| From: | Jas Jain < |
A Picture Worth a Thousand Words--Housing Values In the US 1990-2010
The projected value does not account for the Greater Depression led by debt deflation. In 90%+ of zip codes in the US the PPSF (price per square foot) would fall below $100. That includes the "core area" of Silly.con Valley. 3-4 bedroom boxes in Los Altos would go for $150-200K, i.e., down 90% from the peak. They would follow CSCO! The foundation of the Bay Area's economy has been built on Scam Options. What the Scam Market giveth the Scam Market taketh away!!
Jas
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