[On the Road to Serfdom]

Wow, I guess opposites do attract. (You have been consistently wrong for 2 years about real estate prices.)

For the record, if someone took you seriously when you first predicted a crash, and sold his house 2 years ago, waiting to buy back in at lower prices, how much would prices have to fall from today's levels for him to come out ahead?

Off the top of my head I would guess they would have to fall by 40-70% in some of the markets you have been focusing on for your two-year posting campaign to considered 'correct'.

I think we need to establish a benchmark so you don't try to claim you are right when after five years of 20% gains each year, houses fall 5% or 10% in some market.

[ex-Texan]

This bargain home is located in San Mateo, Calfornia. The asking price is only $ 1,200,000.00.

"There is No Housing Bubble. Nothing to see here. Lock your doors and windows. Lock down your brain. Time to move on . . ."