I don’t focus on what powayseller is saying as much as I give her credit for her predictions and voicing her opinions.

NASDAQ 5000? $1 million median in California? Decline to $180k? To me it’s not anymore outlandish to predict steep declines than to say that it’s always a good time to buy real estate.

How about a $500k mortgage for $1400/mo? Mortgage brokers make that claim everyday. Doesn’t that sound out of this world?