Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ggamer who wrote (4782)	8/28/2002 1:42:11 PM
From: larry	Read Replies (2) \| Respond to of 306849

ggamer, 0-70%, depending on where you live. In Boston area, I definitely believe it will be much worse than 20% before it's over. larry

To: ggamer who wrote (4782)	8/28/2002 3:30:01 PM
From: tony	Respond to of 306849

From late 80's, prices dropped slowly to 50% of the peak over a period of 5-7 years.

To: ggamer who wrote (4782)	8/28/2002 4:28:43 PM
From: ild	Read Replies (1) \| Respond to of 306849

Hoses will drop %30-%70 depending on location and type of property. I think we are entering the extended period of time when baby boomers will start raising cash. Unfortunately for them they haven't sold any of their mutual funds but the market is down a lot already. I fear the same will happen to housing. They will sell their big houses in down market. Only small condos in good locations will be bought.