SD Realtor, I love exchange of ideas and debates. I’m always impressed with people who can do so without losing their cool. In the politics thread, some people really lost their cool, and it happens in housing too. You however know how to exchange ideas. I like that so much! Heck, if I’m wrong, I’ll admit it. I love kicking around ideas to see if someone can show a flaw in it.
I have provided my research for the 50% drop in the past. One of my friends encouraged me to make another post about the 50% drop, to counter some of the bullish comments we’ve had recently.
If you have data to show 35%, then let’s hear it.
Rich has a very laid back style. I am much more outspoken than he is. Perhaps some people prefer his style, while some people will prefer mine, and most will like us both. When you are laid back, you don’t ruffle any feathers. I like ruffling feathers, creating excitement, being contrarian. It balances all the BS we’ve been hearing.
I back up my claims with data. I’ve presented the data for a 50% drop before, which consists of reversion to the mean, and a second method which takes median price/per capita income back to a historical ratio of 7.
My new job will involve forecasting. While Rich does a great job laying out the data and problems facing us, he doesn’t do much forecasting. And the forecasts provided by Alan Gin, SANDAG, and Thornberg, are woefully incorrect. Is the forecast a sore spot for you sduuuude?
