Where readers ask and we try to answer:
Alex,
Maybe its too negative as a topic, but the latest Business Week cover story could be an interesting thread. It predicts that “home prices could sink an additional 25% over the next two or three years, returning values to their 2000 levels in inflation-adjusted terms.”
Do you think SF will again be relatively immune from this projected correction?
Nicole
Who the hell knows! Really. Who knows? However, given the state of our market and the “relatively” buzzing activity at this very instance, I’d definitely say San Francisco will “again be relatively immune” over the next two to three years. But, “relatively”, is of course, relative.
Thanks for the email, sorry it took so long to post.
Kudos to “Business Week” for such an original topic and Headline: “Housing Meltdown”. Love it. Very original.
–Housing Meltdown [Business Week]