The reason reason maybe US drop has not been severe

Houston was the worst case, about -30% from official statistics. LA was about -25 to -28%. Bay area was very smooth. NYC had some drop, I remember it was about -20% range. I don't know what percentage 1929's great depression had dropped. In recent 50 years, the drop was far less severe than rise. In high growth area, a single year can yield 30% rise.

That's the benefit of living in a strong country with long term positive population growth.

所有跟帖： 

• Real Estates dropped 90% in 1990's. -BeLe- ♀ (0 bytes) () 03/08/2007 postreply 18:47:41

• 1930's -BeLe- ♀ (0 bytes) () 03/08/2007 postreply 18:48:23

• I believe that, but that's 1929 -miat42- ♂ (0 bytes) () 03/08/2007 postreply 19:58:31

• Not just one year. It was about ten years. -BeLe- ♀ (131 bytes) () 03/08/2007 postreply 20:12:39