Quote:
Originally Posted by patssle
Difference now is that the houses were SO overpriced, despite crashing they are STILL expensive!
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Funny you make that comment. Different perspectives: on TV just now was an episode of House Hunters where the guy was looking for a house in Houston. He was looking at places a little over 2000 sq ft, maybe built in the 1980s, for about $150K. Man, that sounds cheap. But yes, looking at those Case-Schiller charts, there's still a ways to go to hit bottom.