Whitney Tilson: Yes, Housing Recovery Is Still "Mother Of All Head-Fakes"


Whitney Tilson, Founder and Managing Partner, T2 Partners

  • The NAR’s sales numbers this morning were a complete joke: Take a look at the numbers on a non-seasonal basis
  • Yes, the housing recovery is still the mother of all head-fakes
  • House prices will start falling again when the seasonal summer dboom ends (now), and they’ll fall another 10%-15% before they bottom
  • The continuation of the housing collapse will make the economic recovery “feeble, at best.”

Produced By: Kamelia Angelova & William Wei

More Tilson:
The Stock Market Has Gone Mad
We Need To Break Up Goldman Sachs

More Video: TBI Calendar Click HERE >

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.