Sorry, looks like my survey question was not very clear. I should have anticipated this from all the other surveys I’ve been involved in.
I don’t know how many people will be basing their purchase decision primarily on the % price decline. For me, it will be only one of many factors, just as appears to be the case for you.
My question is, considering all the complicated economic and personal factors that go into your own decisions, at the end of the day, what’s your best guess at what the price will be when you buy divided by the current price (based on what the most comparable properties are selling for today)?
