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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: CalculatedRisk who wrote (28192)3/15/2005 9:27:59 PM
From: Wyätt GwyönRead Replies (3) of 306849
 
CR, thanks for the details. i guess if you add in, what, 6% annual inflation to 12% nominal loss over 6 years, then you have a real loss over 6 yrs of nearly 40%. somebody selling at 30% nominal loss would have like 50% real loss.

the person i am having a discussion with is totally convinced that there is NO WAY for CA to have real losses over time (more than 1-2 years) due to its "special nature".
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