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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Broken_Clock who wrote (59212)8/6/2006 3:15:33 PM
From: Don EarlRead Replies (1) of 306849
 
RE: "Have you ever seen real estate prices drop year over year?"

I doubt there has ever been a time when that wasn't happening some place for some reason. The mill closes in Dinkyville USA and everyone has to move to find a job - that sort of thing. Otherwise, I'd say it's about like asking if you've ever seen the price of a loaf of bread drop year over year. Shelter is kind of a biggie for most folks.
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