Quote:
Originally Posted by dd74
All a homeowner needs to do now is hold on.
|
Sure, if you can afford to hold your breath for 6-8 years, while asset prices stagnate of go down, it's no problem.
Quote:
Originally Posted by dd74
don't know if they'll ever "correct" enough for people now looking for a house.
|
That's probably correct. Anyone who did not buy before 2006 will forever be a renter. These families will live in apartments, tent cities, and Hondas.