Speculative housing demand will now disappear because prices are flattening and falling.
Unresolvable The public record could not settle it.
Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?
Reasoning
No horizon is given and 'speculative demand' is undefined and hard to measure.
Cite this claim
Nouriel Roubini, “Speculative housing demand will now disappear because prices are flattening and falling.” (said 25 September 2006). Verdict: unresolvable. Reliability API, claim c_d2d9b0f7dd6e, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_d2d9b0f7dd6e
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More prediction claims by Nouriel Roubini
-
Mostly false
“As I predicted in early September in an interview with Bloomberg”
US stocks could see a 10% correction (predicted in a Bloomberg interview in early September 2023).
-
Mostly false
“They are talking tough [but if] faced with a debt crisis and an economic crisis, they’re going to wimp out.”
-
Resolved false
“So it’s much worse than the ‘70s, and it’s probably as bad as during the GFC.”
-
Resolved false
“So history suggests it’s going to be near mission impossible to avoid a hard landing.”
History suggests it will be nearly impossible for the Fed to avoid a hard landing in the US economy.
-
Resolved false
“I’ve made the argument, and this is not the conventional wisdom, that the recession is not going to be short and shallow”
Verdicts are made automatically; how verdicts are made.