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The Next Great Bubble Boom Revisited (Part I)
“A devastating crash occurs between 2010 and 2012, which ushers in a thirteen-year bear market into 2022” -Harry Dent Jr.
This quote is taken directly from the back of Harry S. Dent Jr.’s bestselling book, The Next Great Bubble Boom. Mr. Dent was a pioneer in the study of demographics and their relation to the stock market. Before we dive into certain specifics and reasoning behind what is shaping up to be an ominous prediction, it is important to sift out why this renowned author came to such conclusions in the first place and if anything has changed since the book…
2Mar2009 | Oxbury Research | 0 comments | ContinuedHarry Dent Calls for 40% Additional Drop Home Value
“The median U.S. home price is going to $120,000…” – Harry S. Dent Jr.
By Q1 Publishing,
It doesn’t look like homeowners will get any reprieve from home prices soon enough.
Harry S. Dent Jr., who provides forecasts based primarily on demographic shifts, recently stated the bottom is a long, long ways away.
Harry Dent, American demographer, economist and writer, predicts the median U.S. housing price is going to $120,000. This is significantly lower than the 2007 median U.S. home price of $191,000 which is the lowest level since 2004.
In an interview with Goldseek Radio (listen to interview here) Dent further adds:
“We’ve seen…
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