On housing, I am too economically illiterate to have a view (except that employment will have a lot to do with it) but trust and rely completely on what David Rosenberg says, though as I cannot afford the sub. I wait to get it second-hand. Last time I heard he was gloomy on account of 'global deleveraging' which, from physics, means releasing fulcrum, effort etc. and letting the planet down with a bump.
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