I think at this point the pigg’s are divided into about 4 or so camps, each seem to be getting a little more polarized everyday.
1) Those who think (at least at the low end anyway) we are at or close enough to the bottom.
Knife catchers if you want to call them that (whatever I guess to each their own).
2) Those who think we still have a few more years of housing declines yet.
Pessimist if you will (whatever I guess to each their own).
3) Those who think RE will and the CA economy will continue to spiral out of control until the black hole it creates eventually swallows the earth and then starts to eat the other planets and eventually the sun.
Perma-bears if you want to call them that (whatever I guess to each their own).
4-???) Various in-betweeners .
Well I guess we will find out in a year or two, this should be interesting.
It’s been an interesting ride so far especially from 1997 til the present.
