Diego, my cousins condo bought in 1990 for $207,000 declined 33.8% to $137,000 by 1995, this was in the upscale area of Rancho Palos Verdes 😉 so it’s not speculation but fact that values dropped that much! Current value at zillow is $660,000 (about 200k off!) and a comp sold a few months for $450,000.
