I feel just the opposite now. I don’t care what happens to the price of my property, because I have decided to keep it.Might as well forget it.
The rest concern me, both as a licensee and a prospective buyer. I don’t know what the end result will be in price terms. It will be the chunk after chunk scenario or a scenario of some chunks(happening now/soon) with inflation adjustment and perhaps more chunks. Slow inflation adjustment scenario with no crash element seems highly unlikely to me. In terms of relative weighted value in the economy houses change dramatically either way. 40%-50% before it improves again, if it does.
Disclaimer: This is just a mix of the ideas of other piggingtonians and the links you provide, combined with the “chunk” theory of your’s truly.
Another thing. I think that housing will track IRAN.
