Tuesday, November 15, 2011

PIMCO - PRICES 6% - 8% YET TO GO... DOWN

BLOOMBERG
Pimco's Simon says prices have 6% to 8% to go
Bloomberg's Jody Shenn and Tom Keene report that house prices haven't bottomed, according to a highly regarded analyst, Pacific Investment Management Co.'s Scott Simon. Simon says count on another 6% to 8% decline, and hope it's not worse

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