I’m in Real Estate. We are hoping it only goes down 20% more. There are so many bank owned out there that one has a hard time seeing an end to this in the next couple years. We also have the added benefit of interest rate going up dramatically any minute.
I have been telling my GF that prices are still 20 - 40% too high based on historical criteria, and she used to yell at me for not buying, but no longer.
I have been following Schiff/Celente for years and they have been spot on.
It isn’t like everyone who ever studied the Austrian economists didn’t warn you all what was coming and why.
I talked my father inlaw out of the real estate business in 2002.