[ClearCase_guy]

Real estate always comes back from any slowdown or recession and goes on to achieve higher levels

Bingo.

[RobRoy]

>>Real estate always comes back from any slowdown or recession and goes on to achieve higher levels
Bingo.<

Yep. The stock market does the same. Well, sort of. The "credit inflated" stock market runnup of 1929 reached its "pre-crash" level in the late 1950's. We will see, after it finds bottom, how long it takes this "credit inflated" housing market runnup to reach it's "pre-crash" (or "soft landing", nyuck, nyuck) levels.

It'll be fun! Things are happening so fast, it's like living in a movie!

[A CA Guy]

But we have another S&L type of crisis coming over all the crazy loans made over the last 5 years.

This went up like the false stock market did and could go back equally hard.

There is IMO going to at least be one hell of a recession when the housing/loan collapses sink in.

[mc6809e]

"Real estate always comes back from any slowdown or recession and goes on to achieve higher levels"

Bingo.

Tell that to the Japanese. They've only had 13 years of decline.