Housing
Berkeley Economist Predict Housing Prices Will Continue to Fall in 09
If prominent housing economist Ken Rosen of Berkeley is right in his prediction, the US housing values will lose another 6-7% in 2009. Housing prices nationwide fell 11.1% in 2008 (BusinessWeek).
According to BusinessWeek:
Rosen, a professor at the University of California at Berkeley, told the Associated Press that the decline in housing prices is only about [...]
