Interview With David Levy—A Bear On Housing

It's Only Just Begun (pdf) is an excellent interview with David Levy, Chair of Mount Kisco's Jerome Levy Forecasting Center LLC. He provides a very strong bearish case for housing. He discusses what led the current housing crisis and provides his thoughts as to how the housing and the general economy will play out. While I might not be as bearish as Levy, I do think this article is worthwhile reading.

Subscribers to FleckensteinCapital.com learn of these interviews quickly. The site has an excellent question and answer section where subscribers often highlight worthwhile articles. Both yesterday's and today's article came from Fleck's site. I read both interviews and thought others would benefit from reading them as well. Thus, I posted the links.