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Old 03-29-2006, 03:55 PM   #11
taxwonk
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Real Estate Market

Quote:
Originally posted by Did you just call me Coltrane?
The folks at the site that can't be named are acting like the sky is falling re: the real estate market. I don't see that. Granted, things have begun to slow down, and cookie-cutter condos in high rises will take longer to sell, but there seems to be an agreement (on infirm) that a market correction will occur, resulting in a significant decrease in real estate prices. I expect things to plateau, but don't expect any major decreases.

Thoughts?
With respect to condos, there is a long-standing joke:

What's the diffrence between herpes and a Chicago condo?

Someday science will find a way to get rid of herpes.
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