[Worldtraveler once upon a time]

---"That would be 71% below the original asking price and nearly 60% below the purchase price in 2005."

Plain English. The seller lost big time at the "casino," and is cashing out before it gets worse.

[szweig]

Serves ‘em right. You get what you vote for. A lot of folks are going to have to take one for the team before prices and rents level out at new “normal” levels.