by Calculated Risk on 4/20/2007 06:49:00 PM
Friday, April 20, 2007
Housing Bottom Callers
Every month, for most of the last year, we have seen some prominent economist, analyst, or government representative call the housing bottom. My only regret is I didn't keep a list of their erroneous calls!
Of course someone will eventually be correct, and maybe it will even be Treasury Secretary Hank Paulson, from MarketWatch 4/20/2007 (hat tip Anthony Fleming):
In a question-and-answer session, Paulson delivered an upbeat assessment of the economy, saying growth was healthy and the housing market was nearing a turnaround.This is the start of a list of bottom callers. Please post any other prominent bottom calls (not Lereah!).
"All the signs I look at" show "the housing market is at or near the bottom," Paulson said.