Shotdsherrif, get a grip..
Try bringing some data to this blog and proving a point, instead of just giving an opinion. I have worked as an appraiser and a real estate agent before, and it is obvious, that the real estate market is in trouble. You can’t see it yet, but you will. Try studying trends, observing recent sales and then formulate a hypothesis. Maybe then you can debate. Otherwise, your just stating an opinion, which as they say, is like _______, everyone has one.
I believe that most people here, are in agreement that, buying opportunities are in the future for real estate in Southern California. With the largest speculative RE bubble in history, and the myriad of industry problems, it doesn’t take a rocket scientist to figure that one out. As far as how much it declines, who knows for sure, but 25-50% makes housing look much better to me.
Sorry you feel so agitated…. Its only a blog.
Get over it.
