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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jay who wrote (84592)8/10/2007 10:43:54 PM
From: John VosillaRead Replies (4) of 306849
 
'50% decline in SF'

Parts of Sacramento are already down by that much. Obviously you are land constrained in SF and there wasn't the speculation and overbuilding. You probably do get a combination of a drop in prices and drop in purchasing power of your dollar equal to near your figure in the next 3-5 years.. A 50% nominal drop there across the board by itself highly unlikely and would signal a probable depression..
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