Soft Landslide

[powayseller]

Tell Leslie Appleton-Young I have her new moniker.

The soft landing will indeed by soft, because it is happening gradually, slowly. Each quarter, sales drop by 10%.

But you cannot end with “soft”, because the phenomenon is not ending. We are *not* landing, but sliding, sliding, down, down, down. A landslide.

This is what I mean. Sales in San Diego, Q4 05 was -10%
Q1 06 was -20%
Q2 06 was -30%
Q3 06 will be -40%
Q4 06 will be -50%

Soft Landslide.

Next year we will call it an Avalanche.

[UP IN ARMS]

I’m goina start usein that term. “Soft Avalanche”

I also like “houses are going to vomit equity” and
“When your neighbor gets laid off it’s a recession, when you get laid off it’s a depression”

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