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John A, as a physicist, can't you appreciate the potential for geometric effect with feedback situation of slow RE sales causing RE lost jobs causing slow RE sales causing...etc, etc, etc?
Well, I'm sure you appreciate all the possibilities!
What will happen? Who cantell?!?!
It will be interesting to see!
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Per DinOR and Michael Holliday's request.
The Baja housing bubble.
Also.
Do you know someone who sold their outrageously tiny California/NYC/Boston houses for an outrageous amount of dineros, and then transfered their skanky IKEA taste to Tennessee's verdant hills?
How about those loons who thought they could get outrageous $3,000/month rent in Merced?
Have you seen any outrageous examples? Care to post the pictures?
Please share.
#housing