I agree with Cow Tippin.. Unfortunately, I believe that only about 8% of the rest of the decline is going to show in real value, meaning where you actually see the price decline and the papers report it. The rest of the decline will be assumed through the fact that housing prices will not increase at the rate of inflation over the next 3 or 4 years, therefore, the loss will be subliminal to most. The media will just let everyone know that things are flat.
