Christopher Thornberg Quotes

It's an irrationally behaving market. It's very difficult to figure out where it is going to go.

- Christopher Thornberg

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Irrationally | Behaving | Market | Difficult | Figure |

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We say it's a bubble, but a housing bubble does not pop like a stock market bubble, ... A stock market bubble, when it pops, lots of market activity, prices dropping rapidly. Housing prices don't drop that way because there's a huge fixed cost. You don't day-trade your home. - Christopher Thornberg

It's people building houses, ... It's people financing the building of houses. It's people working in the stores that are furnishing those houses, and of course, the real estate agents who are making this all happen. - Christopher Thornberg

The forecast for California is mediocre at best; at worst we are liable to dip into another recession, ... at least 50% if not more. - Christopher Thornberg