Real Estate Bubble

[roguedolphin]

Here in Crook County Illinois it's a bloodbath. Out of control property tax raises over the last 5 years or so and the collapsed economy have prices easily down 75% from the peak (2005-2005) here in my neighborhood.

It's not a pretty site here. This is what a Depression looks like for homeowners who bought anytime except the last few years.

Lot's of people wiped out.

BUT lot's of bargains for fresh money or new first-time homeowners.