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To: skinowski who wrote (46634)7/21/2002 10:52:07 PM
From: yard_man  Respond to of 209892
 
>>When the prices decline, people are in a ‘hurry’ to... wait. <<

Exactly!!



To: skinowski who wrote (46634)7/21/2002 10:58:51 PM
From: Shack  Respond to of 209892
 
I agree to some extent. I certainly think it is much more so in commercial real estate. After all, these are investments pure and simple. I think the residential market is a different breed of cat but I do agree that the dynamics to which you refer are present there as well.

In the case of residential, we'll need a shock to the habitant therein to get that downward price momentum. And I am sure it will come.


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