[quote=outtamojo][quote=FormerSanDiegan]Right now, late Spring 2011 could be among the best times to buy (in many parts of San Diego) considering the combination of price, interest rates, and rental trends for something to hold long-term. The potential downside risk is conderably less than any other time in the past 15 years, in my opinion.[/quote]
What I find interesting is that he’s only expecting another 5%-10% decline in housing and yet he thinks that this will have a big impact on the stock market. Housing prices have already fallen by ~10% in this recent double-dip and yet the stock market has roared ahead (much to my amazement, I might add). So, while I agree that a 5%-10% further decline in housing prices may well be in the cards… I’m not sure that it follows that the stock market will follow downward… although it would be nice to think so.
