Every so often, we pull a comment from the discussions that we think might spark further commentary, because we know not everyone is reading the comments, and we couldn’t possibly come up with all these great thoughts ourselves.
This time we take from “SanFranTim” on “Verbatim: 26 year old google guy I hear with 50% down”.
If the Dow falls to 12000, then even the “middling” [we think you mean middle of the road like $600,000-$900,000?] SF properties will start flying off the shelves. Remember what happened to RE prices after the last stock market crash.
A very interesting observation. Can you elaborate on what exactly did happen after the last stock market crash, and what you mean by “middling”?
As always, everyone else is welcomed, and encouraged to join in.
–Comments du Jour [theFrontSteps]