[quote=cooprider]
People confuse desire and demand. Wife and I had a child this year and would love to buy, but 10% off a net 140% (200%, -30%) runup in prices during a period of flat incomes is still over inflated.

I’ll come back when it’s 40%.[/quote]

200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)