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future of the real estate market

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duckman

Re: future of the real estate market

  #2  
Jun 9th, 2005
I've been waiting for the market to crash for almost a decade now so I can afford to buy a house...

While house prices aren't rising as sharply as they used to a few years ago (and in some categories even seem to be in a very slow decline) I don't see a crash developing.
For that to happen the economy would have to collapse so hard that the majority of people who now own property will be forced to sell it with few people capable of paying the current high prices. If that happens I doubt I'll be in a position to even pay the lower prices that will result so I still won't benefit.
As people are clearly allowed to attack me but I'm not allowed to defend myself, I no longer post to this site.
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