We have also not discussed what will happen when we get a new president. What if there are significant military cuts? This would prolong and significantly worsen the economic and housing situation in SD. Lets say the bottom would normally be 2009 or 2010. What if a big cut in military spending hits in 2011? Just the talk of that happening would have a dampening effect in 2009 and 2010. We may reach a plateau at the bottom and then drop off a new cliff.
Further, what if one or more than one of our bases ends up on BRAC (Base Realignment and Closure)?
