There’s a possibility that $800k houses will go down to $400k. You’ll be able to live the lifestyle you want. 🙂
A more likely event would be $800k houses dropping to $550k (about 30%) and stagnating there for a long time. At that time, you’ll have many choices to pick from — perhaps that amazing deal at $500k. Save your pennies now so you can get what you want when prices drop.
That’s what happened the last time and I’m willing to bet that it’ll happen again.
