So we are looking at a 60% correction to bring prices back to fair market value. Blue line down to the red line. Faaaaaaawk. Just a trend line, other factors will affect this but it feels like the Fed and market forces are trending in that direction. Its not a bubble they kept saying. Underwriting is better than 2008 they said.
So we are looking at a 60% correction to bring prices back to fair market value. Blue line down to the red line. Faaaaaaawk. Just a trend line, other factors will affect this but it feels like the Fed and market forces are trending in that direction. Its not a bubble they kept saying. Underwriting is better than 2008 they said.