I know it’s cyclical and it’s location location location but I also know that some didn’t too bad in the next downturn and some did really bad …I see some major targets being hit and or a little higher in real estate.
Perhaps I’m an idiot, but me and the wife close on the sale of our house in two weeks. I am so glad to be liquid for the forthcoming storm … hoping to buy a MONSTER Beach House in the Outer Banks after the “flood” of deflation and debt reach our shores.
Charts below:
