Are you taking inflation – Piggington's Econo-Almanac

October 31, 2006 at 11:57 AM #38847

Participant

Are you taking inflation into account?

I’m a big RE bear but 1998 seems to be too big of a drop. My former house was worth about 250k in 1998 and it is worth 775k today. That is over a 65% drop. I think we will be seeing 2002 prices again and may go as low as 2000 prices.