It has been reported that this real estate slump that we currently have is the worst in 40 years. However, in John Mauldin's InvestorInsight website, he describes how one of his reader's came up with research showing that the current real estate market slump is not as bad as in 1967, 1971, 1974, 1980, 1982, 1995. This is based on the measurement of declines in house sales as a percent of GDP. You can read about it here:
http://www.investorsinsight.com/thoughts.aspx
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