Now you are saying I’m average. I would disagree with that. I probably can’t answer that question because I just don’t know. I hope it goes down a lot, 50-75% (to pre 2000 levels).
I don’t know why you think that you are “special” because you think SD housing is overpriced. Its blatantly clear that it is!
Maybe because most colleagues of mine are well informed. When one of them buys a house now (a contrarian investor, I would say), most of us roll our eyes expressing our disbelief. We say “hey, why didn’t you wait for the ARMs to reset!”
