Did things get as bad as I thought?

Back in August of 2007 I wrote this post, Someone forgot to refill the Real Estate ATM, and predicted that we would see a continued drop in prices, foreclosures would go up and so on. What I didn't see coming was a big drop in the stock market, sharp increase in unemployment and the massive expansion of government into the financial and mortgage markets. Things are definitely worse than I thought they would be.

Related Posts

This entry was posted in Money Stuff and tagged , , . Bookmark the permalink.

One Response to Did things get as bad as I thought?

  1. nathan118 says:

    I got our place reassessed lower! Woo hoo, saving us hundreds of bucks.