Real Estate Bubble

[deathtotaxes]

Len, I don't agree with his numbers and I hope your 25% number is wrong as well. Obviously if the economy tanks big time then I suppose it could become a blood bath, but I am hoping it will not get that bad. Besides with GWB running the show, why should I worry?

For him to say that 2000-2005 was excess seems odd. Assets can appreciate at different rates over the years. We could be in for 20 years of below historical rates of return on residential housing that would average in with the past few years to balance things out. We could lose a few percent and then go back to a slow rise. I don't think that anyone can predict with a great degree of accuracy what will happen.