first, I know the super high end sells slow, but that is a .4/month selling rate. With 75 on the market, that is what, a 15 year supply? That is nuts, any way you slice it.
Second, Maybe I am reading the OP post wrong, but Y/Y isnt LV inventory DOWN about 1k? Meaning LV is under the same pressures SD is, just not the same extent?
I suppose he is talking about 06-09, but that is a really weird timeframe. LV and SD markets are totally seperate, with differnt timelines of bubble colapse and amounts of bubble pricing. In 06 we wernt even in a recession. This seems to be too short of a time frame to give a good a good sense of historcial president and too long a time frame to account for the short term forces buffiting the market.
You can find alot of evidence to support any argument want if you get to manipulate the time frames. Any reason you chose those timeframes?
