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To: RegulatorCountry
"Real estate is a safe haven historically but that’s the original bubble that set the whole conflagration off in the first place, it’s still deflating."

Agreed on that, and it's going to deflate for a long time.


38 posted on 06/18/2012 11:57:32 PM PDT by familyop ("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
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To: familyop

Improving and stabilized employment with prices around 2.5 to 3 times annual income for the location, will be when and where it will stop falling.

Increasing rents could put a floor on it too assuming steady demand. It won’t fall through the floor barring a complete collapse. Then, all bets are off.


40 posted on 06/19/2012 8:39:52 AM PDT by RegulatorCountry
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