but that’s my point. right now, the economy is feeling some tremors of instability. all those RE jobs wiped out… those people are not going to be in the mood for supporting fundamentals…
consider as well, the question of rent. many if not most people have mom and pop to fall back on. if they lose their jobs, lose their homes, they move in with the folks. that’s what was happening in the 90’s. if these people all vacate, the fundamentals shift.
