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

To: Amy J who wrote (25579)	12/2/2004 9:04:59 PM
From: David Jones	Respond to of 306849

Amy, I don't think your questions can be answered. If "big if" prices take a plunge not many are going to sell as long as they can cover the bills. Most will expect prices to come back and they will in time. Not that as investments they'll still make numbers sense at the end of X years. The exception will be those that took risky adjustable or zero interest payments. Negative equity with rising payments I'd expect some would bail. If any thing busts real estate imo it'll be jobs. It's the mover for residential at least, always has been.