And they predict 'another' wave of recession...like any of us thought we really were in recovery? 20% Drop in Housing to Cause Recession in 2012, Says Gary Shilling | Fin - Daily Ticker - US - Yahoo! Finance Of course, whether this is 'bad' news or 'good' news might depend which side of the housing market you're on. If you're looking to buy, it could be good for you. But otherwise... Hunker down and keep prepping!