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the only certainty - we're closer to the bottom than the top . . .
2005
today
2005
today
tip of the hat to Mish for collecting the charts.
His advice:
Then buy a house.
His advice:
- If you want a house and can afford a house
- If you are fully prepared for the loss of a job
- If you have six months (preferably a year) cash cushion of living expenses sitting in the bank
- If you are prepared for reasonable losses (say 15-20% or so) .....
Then buy a house.