“The 30% drop in sales is huge, but that appears to be almost completely the lack of investor buyers in the market.”
/Steve, I think this is an example of why people tend to pull your chain. You’re AGREEING with a previous post but you have to qualify it. Who cares WHY there was a 30% drop, it’s still HUGE. I think your statement that declines were only 5% is misleading. Why not say the decline was only 2% and quote the figure for the entire continent? If you look at distinct markets I think you can seem some with 10%+ declines.