[quote=briansd1]
Does that qualify as tsunami then?
The 50% drop is significant but it didn’t happen in one day caused by a singular event as a tsunami would wipe out everything in one sweep. That’s why I’m saying that Tsunami is just a figure of speech.
The metaphor doesn’t quite work. But it’s illustrative nonetheless if you take a long view of real estate.[/quote]
Yes, in those areas, the tsunami hit and it hit hard. Many say the others will see similar tsunami soon. I’m still waiting. If you want to buy in those hard hit areas, you’re lucky that the tsunami got there. But this next tsunami was supposed to hit everywhere else and continue to pound the already hard hit areas.
