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: Elroy Jetson who wrote (5702)	9/30/2002 4:40:20 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 306849

Elroy, given the deflationary nature of this bubble, one would expect the declines to be much more than the early 90's. Do you have any estimates as to how bad it can get? My guess is 25%+ in the Bay Area and NY/NJ depending on the property. Are your estimates bolder? Are there any studies that correlate rent deflation to housing price deflation? Rent deflation seems to be around 33% in Manhattan and 20% in the boros. The difference between the trough of this multi-year stagnation/recession and the early 90's will be the duration of low prices, IMO.