DZ
I never said anything about2000 nominal prices causing a depression so that one isnt mine. I dont think we will see them in the better areas except on very high end properties but that is another matter.
The sarcasm is because, every time something like this appears in the news a bunch of posters show up with the I told you so’s and the same tired arguments. Each of these arguments look great on paper and have for quite a while but what looks good on paper and what happens on the streets are not the same. I look at it all with skepticism, both the good news and the bad news. Right down the middle with a stagnant economy is where we have been and where we are headed.
My post summing it all up was to save everyone from posting the same stuff that they have been for years.