I manage funds for others and have done well the past few months buying bonds, gold and put options as I look ahead to the coming doom. I am advising people looking to buy property to wait. We predict there will be a "Bottom #1" in about 6-8 months, and many people will snatch up properties in the midst of massive government interference and subsidies, and prices will seem to go up temporarily. But then we predict there will be a fresh, huge wave of new defaults and foreclosures, along with bank SEOs now bottled up (we estimate as much as 2 million homes) finally put up for sale. There will then be a "Bottom #2" which will be 20-30% lower than the first bottom. THAT is when to buy.