Actually most of the bears on this site have been calling for 50%. Five years on this site in well documented fashion, I called for a maximum of 30% decline in NCC. My hood reached about 20% and I have always beleived there is a chance for another 10% down.
I dont pretend to have all the answers countywide and could see crazy things happening in some of the more unstable areas like east county, south bay, north of 78 corridor etc which could make us hit that 10% down but I dont see it for areas bordered by 15 and the ocean as well as the 8 to 78 which I follow closest.
I will PM you the address of the property so you can see for yourself. I have nothing to hide personally but owe my clients privacy. Send me a PM saying you will respect our privacy and I will trust you then I will send you the address to see for yourself.
As for being a wuss, hardly. I make bets because I know I will win them. I took one from CAR already and am a lock for the 2nd.
As for being quite the bear, I was for a long time but now I see stability where as the permabear sit home praying for another big leg down.
