Littlepoint, what would be a good street name to look at sales information that’s representative of what you’re talking about? I’m not asking for info that might indentify you personally but some of us might be interested in researching what you talked about. Post only if you feel comfortable doing so.
My experience from the last downturn is that upscale neighborhoods tend to hold up better at the beginning of the downturn, but they get badly hammered during the protracted slump.
Well-to-do folks (especially the self-made ones) got that way thanks to leverage. But leverage also works in the opposite direction.
