Inflation will hit long before a year 2013 bottom is reached. In terms of adjusting for inflation, it “may” be accurate. But in real dollars, we’ll hit bottom by mid-2010.
I have no problem seeing 1997 prices in the next couple of years….and the reason will be that no one has money to buy a house. Careful what you wish for. I’ve said it before on this site many times….when prices get to where everyone wants them, it will be because the economy is on life support. Will you have a job and the desire to take on a big debt in this situation??
I think fear will rule the day, not greed.
I have no problem seeing 1997 prices in the next couple of years….and the reason will be that no one has money to buy a house. Careful what you wish for. I’ve said it before on this site many times….when prices get to where everyone wants them, it will be because the economy is on life support. Will you have a job and the desire to take on a big debt in this situation??
I think fear will rule the day, not greed.
I have no problem seeing 1997 prices in the next couple of years….and the reason will be that no one has money to buy a house. Careful what you wish for. I’ve said it before on this site many times….when prices get to where everyone wants them, it will be because the economy is on life support. Will you have a job and the desire to take on a big debt in this situation??
I think fear will rule the day, not greed.
I have no problem seeing 1997 prices in the next couple of years….and the reason will be that no one has money to buy a house. Careful what you wish for. I’ve said it before on this site many times….when prices get to where everyone wants them, it will be because the economy is on life support. Will you have a job and the desire to take on a big debt in this situation??
I think fear will rule the day, not greed.
I have no problem seeing 1997 prices in the next couple of years….and the reason will be that no one has money to buy a house. Careful what you wish for. I’ve said it before on this site many times….when prices get to where everyone wants them, it will be because the economy is on life support. Will you have a job and the desire to take on a big debt in this situation??
I think fear will rule the day, not greed.
Thanks Cricket. Here’s a NYTimes graphic that I linked on another thread (go the the second graphic). Like your graphs, it shows we are not yet back down to the tops of the previous housing upticks in the 70’s and 80’s.
Thanks Cricket. Here’s a NYTimes graphic that I linked on another thread (go the the second graphic). Like your graphs, it shows we are not yet back down to the tops of the previous housing upticks in the 70’s and 80’s.
Thanks Cricket. Here’s a NYTimes graphic that I linked on another thread (go the the second graphic). Like your graphs, it shows we are not yet back down to the tops of the previous housing upticks in the 70’s and 80’s.
Thanks Cricket. Here’s a NYTimes graphic that I linked on another thread (go the the second graphic). Like your graphs, it shows we are not yet back down to the tops of the previous housing upticks in the 70’s and 80’s.
