1) In real terms, Granite countertops will be 50% more devalued as an “investment” than the mighty dollar – which is continuously plunging.
2) Just about now, the phrase “now, with so much inventory, it is the best time to buy a place” would be forbidden.
3) The majority of the RE articles in the MSM would be related to “why renting makes sense” and ” mobility is key to find good employment in a prolonged recession”
4) Irrational exuberance would have a true new meaning – such as a test required to pass the Broker’s license exam.
5) Your neighboorhood Bank would ask you to pick a house for 1/2 of what you are currently paying for rent w/out a lease/contract (as long as someone take care of the place)
6) The mediocre realtors will be looking for ways to get back to a Community College – but the budgets are cut – and there is a waiting list to take any math, finance, or econ classes.
7) Taking the dog out for a walk is a challenge because your pet is too distracted by the pets left behind in your neighboorhood – as a result of irresponsible investors.
I could go on & on…..but I’ll let the rest of you continue.
