[quote=sdrealtor]CAR
While it doesnt mean prices cant go down it does mean prices wont go down anywhere near the level of our bet for the good ones which is what you are looking for. If prices drop, your competition goes up not down. [/quote]
You and I see things differently. IMHO, it’s the reduced number of buyers as financing tightens, or interest rates rise, or more jobs are lost/less stable, or if wages decline, or if costs of other basic necessities go up (or any number of other factors) that causes prices to fall. While falling prices might make more people *want* to buy as they see prices falling, my guess is that other conditions and constraints will prevent them from doing so.
Now, as you know, there is ONE thing that I do worry about, and that is a currency collapse. It’s a very real threat, and it’s the ONLY thing that concerns me going forward.