I welcome discussion and think you actually made some reasonable points to which I wish to counter.
However, I wanted to be clear to whom I am conversing with before starting a discussion. Using multiple monikers is simply rude, since it confuses the dialog and is often used as a smokescreen by disingenuous posters.
Now, to your point …
One interesting difference about real estate timing versus stocks is the pace at which things happen. When the market holds 13 months of inventory, it usually takes a long time of increasing sales pace to sufficiently draw down the inventory to the point where market reaches equilibrium and starts rising again. In stocks these turns can happen on a time scale of hours, days, weeks. In real estate the time scale is months/years.
If you have indications of increasing sales necessary to burn off the excess inventory I would love to see it.
