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Claire
@
2007 Aug 19, 2:09am
Randy H - thanks for the reply, we are located in the Mountain View/Los Altos area, and the prices here are depressing. If they don't correct much in the next two years I guess we'll be relocating. Still even a 20% correction would be significant, in that that is effectively everyone's deposit lost on the seller's side - assuming that they actually put 20% down. And for us, by not buying we will not have lost it either.
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What do you think comes next. Let this stand as a record of your incredible intuition and insight. Or let it just be a scratch pad for your musings. All takers welcome.
This thread will be permatroll free, my commitment to you. (Don't bother responding to trolls, I'll get around to deleting the comments).
--Randy H