Quote:
Originally Posted by Sebring Studios
I pose a practical question... What the fuck is going to stop this downward real estate spiral?
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I don't think it will ever get back to where it was. Banks will simply have to be more careful in the future. This alone will cause an adjustment.
As for how to stop it, it'll come down to when credit becomes more available. There is a huge crunch right now and it's tough to get money. Until that passes, which will be at least a year, I don't see the housing market getting back on track.