what is predicto?
Predicto.net is theoretically able to predict or forecast a future event based on a consensual view of the future, by allowing people to vote on user generated predictions.
most popular predictions
The market will remain steady during the first quarter but it is pretty much expected that things will continue slowing down. There will be the occasional scare story out there, but most of the time it will just be part of the general background investment noise.
Overall the first quarter of 2008 will be quite interesting as it will validate quite a few theories as to the direction of the prices later in the year. Basically that we can expect a relatively moderate drop by December as the season slows down naturally.
Unfortunately this is a long term trend in the property investment prediction and we can expect the rest of 2008 to be pretty much the same.
It will be a long slow road to recovery but the economy will start to pick up in 2009. Lots of people will still lose their jobs but overall we can expect to see the 'light' at the end of the tunnel.
ref: http://itservices.cbronline.com/news/global-it-spending-to-rise-51-to-36-trillion-in-2011-says-gartner-070111
