Waiting for bottom – or any other bearish conservative Pigg – do you think by the time this whole mess is said and done that prices will fall below 2000 prices in desireable areas?
I’ve seen some charts on BMIT from the UT, and this one particular chart showed unemployment in the 90’s was in negative. The chart didn’t show the hike in the ’80’s.
If history repeats itself, will the unemployment go so into the negative territory and push prices lower than before we had the subprime loans[img_assist|nid=7282|title=BMIT chart|desc=|link=node|align=left|width=466|height=308]
Mostly wondering if this place I am trying to buy at 2000 prices is a good deal. It’s a major fixer along the coast that I really like. Too tempting to pass up.
