The economy will never recover if housing doesn’t find its footing first. But when will that happen? Cramer (of MadMoney) said he expects a bottom by the third quarter of 2009.
This is somewhat entertaining, but also very informative and I happen to agree with Cramer on a few major talking ponits! Although housing as an industry may bottom, specific neighborhoods and communities may rebound or show signs of recover sooner. In any case, you've gotta sit down and watch this video when you get 10 minutes!
http://www.cnbc.com/id/26406036
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