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Real Estate
Reply to "Remember the recent bubble and crash -- it could happen again"
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[quote=Anonymous]The Case-Shiller for DC is 25% below the market peak, and roughly at 2004 levels. It doesn't seem that frothy to me. People underestimate the pent-up appreciation that was natural in the early 2000s. Part of it was bubble, but a lot of it was the fact that housing in this area appreciated <2% per year from 1990-2000. When you look at the Case-Shiller now as a linear appreciation since 1990 you get....wait for it....3.5% appreciation per year. Now we might go stagnant for a while like in 1990, but there's not a lot of evidence that we're ready for a huge drop.[/quote]
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