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When and How Low????????


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2011 Jun 18, 3:48pm   21,761 views  81 comments

by HousingBoom   ➕follow (1)   💰tip   ignore  

1. When do you think U.S. home prices (nationally) will bottom?

2. How much further do you think prices will drop (nationally) before prices bottom?

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81   Â¥   2011 Jul 3, 9:58am  

odin says

Tell me why prices won’t DEPRECIATE (not crash) back to the mean, over a number of years?

1970s style inflation.

Don't see it happening, but I can't say it won't.

The minimum wage in Calif doubled between 1968 and 1981. It could double in the next 12 years.

That's the general trend; the system desperately needs wage inflation. Maybe we'll actually get it.

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