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Exactly. Property values might not continue to grow at such a high rate but they aren't going to decrease by 30%. That's ludicrous.
by jrowley 11y ago
Exactly. Property values might not continue to grow at such a high rate but they aren't going to decrease by 30%. That's ludicrous.
- rsync 11y agoIt just happened! Not more than 7-8 years ago! It happened in many, many markets across the US and the world. We just saw it happen!
- toomuchtodo 11y agoHow quickly people forget :)
- alexqgb 11y agoThat was part of a massive, global housing bubble popping. A better point of reference is the dot.com crash (the worst of which was a local event) and the worst you saw, at least in decent areas, were valuations that stopped climbing.