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Maybe the factor that will change is the value of money? Maybe instead of falling house prices we'll have quite a bit of inflation and other things will catch up
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Yep, who knows, or governments could figure out a way to bail out homeowners, or things could just move sideways, so many possibilities and likely nobody's prediction will be completely accurate.
"Demand Driven Downturn"
http://edmontonhousingbust.com/2010/...iven-downturn/
^^ literally just posted right now, told you the guy was prolific.