Would this be a good time to sell our house and wait for home prices to drop even lower?
Housing is still grossly out of line.
Beats the heck out of me! I posted something along a similar vein by former Reagan advisor Stockman. I think the common theme of the 100+ replies was that Stockman was a bum.
It was widely agreed that Peter Schiff was the "go to" guy for financial advice. Schiff is quoted in this particular BI "doomsday" article.
I'm not sure anyone can answer your question.