dopeman

i'm very bearish on the housing market in the medium term. it can probably hold off for a couple years. since there isn't real-time ticker tapes of housing prices, a national collapse due to panic isn't likely. but it's certain that some regions of the u.s. will see horrendous losses in home values. there are areas of the s.f. bay area where home prices could be HALVED and they would still be overpriced (only my opinion). much of the cali re boom has been speculative in nature, and not tied to fundamentals.