Comments about ‘Economist predicts midyear turnaround’

Thanks, Mr. Conerly, for your soothing words, but I'm not willing to put my money where your mouth is. I would be willing to bet against you, though.

Finally, we're starting to hear a few voices of reason among the herd of follow-along-we're-headed-for-a-great-depression economists. Obviously, these economists have no clue what the great depression was like either on a personal level or from a data standpoint. This recession has been made much worse than was necessary because public officials and economists that have driven panic and fear into the hearts of businesses, consumers, and banks. Truly, THANK YOU Mr. Conerly bucking the crowd and being the voice of reason!

And where does the money come from to pay for real estate? Oil wells? Its called alternative for a reason. Just keep our technology within our boarders and boost the infrastructure's economy so that America can continue to be an infuluance in the World instead of a another 3rd world economy.

Are you kidding me? I agree with Robin. A turnaround in the market is up to TWO people: the buyer, and the guy he gets his money from.

R.E. prices in Utah jumped 40-60% in a few years, and have only declined a small fraction of that. Buyers still feel their human need for housing being exploited by others' greed. There are so many people who can't afford a shack in the ghetto, many more who could, but can't get financed, and those who don't have either of those problems are frustrated by the fact that their money doesn't get them very much anymore.

Fix those problems, and there's your big wonderful economic turnaround. Erase the effects of that big 4-year orgy of greed and overbuilding, so that everyone who was responsible can get a fair price on a home too, and you'll be fine.