JKC1967

Market Prices: The Great Chasm

Thanks Carl - very interesting info on the 3- 10 Rule. I would think that in terms of making new highs, 2017 even seems a bit optimistic, I'd have guessed more along the lines of 2020 at the earliest, although I am no real estate expert. One other thing I wonder - with many ofthe baby boomers turning moving into old age during the 2010-2020 framework, wouldn't many of them be selling and trading down, thereby creating further headwinds for real estate price appreciation to struggle against?