I really don’t get the “V” shape analogy that “schizo2buyORnot” is talking about. In order for a fast recovery to occur prices have to move up dramatically for few months in a row. IMHO people have different ideas and wishes regarding real-state recovery. Some in this web side believe a “V” or “U” shape will be there after 50% reduction in prices. Some like me a 25% drop in price would be enough to jump in the market and hope for recovery. But calling it bottom this early is wishful thinking at best. If you can find a V shape recovery in below graph please let me know!
