Detailed text transcripts for TV channel - FOXNEWS - 20121230:08:45:00
Get the wealth affect. people start to see the asset increasing in price. no longer falling year over year. so that bodes well for confidence. you will see housing hit a bottom in 2009. it is an l-shaped recovery. we are bouncing along that bottom. and now we will start to see some strength. >> what do you mean by l-shaped recovery. what is an l-shaped recovery. >> a lot of people going into recession, they are talking about the type of recovery we will see. would we see a v? would we bounce up off the bottom? would it be more of a u where we come up gradually from the bottom of the recession?...
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