Actually, 2003 was the year it should have started the downturn, after 4/5 years of inflation since, a return to 2003 would be considered a traditional bottom. If you get 2001 prices, you are catching the overcorrection so I wouldn’t sit and watch 2001 for very long because 2003 would be about half off in most places. I also wouldn’t bet the farm on seeing anything desirable get to 2001 numbers, it’s well below the rent ratio.
5yes, who cares if the neighbors can see you in your backyard, I’m still not wearing a suit in the jacuzzi and i hate robes, so if they look, that’s up to them, they own curtains, hell I even waive at them. If they complain, I’ll buy a Borat man-thong and they will soon beg me to just be naked again.