[ExtremeUnction]

It only matters if you have to sell.

But slowly, over time many of these folks will need to sell. Death, bankruptcy, divorce..all will cause a forced sale. These forced sales will continue to keep prices down..for a long time.

[Ramius]

It only matters if you have to sell.

But slowly, over time many of these folks will need to sell. Death, bankruptcy, divorce..all will cause a forced sale. These forced sales will continue to keep prices down..for a long time.

But over time these home values will recover too. This is a short-term problem.