I expect that ALL houses will drop exactly 50%. No more, no less!! Just kidding…
The response you’ll get from this board will mostly be “probably 20-35% in real terms (inflation adjusted) over a few years or more”. Some are predicting a 50% decline though, and these people tend to predict the loudest. 🙂
In my humble opinion, and from what I’ve read, all housing will be hit with *some* variance between high and low-end, but not a massive amount. Perhaps 5-10% difference in decline maybe. I’m just guessing, like everyone else…
