Home › Forums › Housing › Emotion Distorts Logic › I’m gettin’ a bit scared
I’m gettin’ a bit scared also. If recession is really nasty, engineers like me get laid off.
As for real estate dropping 70% in real dollars, I don’t think so. In fact, average home in San Diego isn’t going to drop 50%. No way.
Now, downtown condos may drop 50% off their peak, that I’ll agree with.