Time will tell the facts of these assertions but I for one strongly agree. Important information for those making critical housing decisions at this time. Whether you want to buy, sell, invest, or just hang on the housing market is still in flux. When neighborhoods have almost half of the houses empty it's hard not to ask the questions.
See my June 1, May 10, and June 3, 2009 postings for more information on this subject.
Note added June 15, 2010: Here's another very good article that speaks about what economists are projecting for the near future. http://finance.yahoo.com/news/How-to-Plan-For-a-DoubleDip-usnews-2055778412.html?x=0
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