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Originally Posted by olecapt
So we agree that it is time for a careful buy.
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I agree that there are number of scenarios where it could make sense to buy right here, right now. None of them are necessarily predicated on it being the bottom of the housing market.
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And you are now on record as projecting a prolonged and muted recover. That would I think imply some years yet of low pricing with small, if any, price increase. Is that about your view?
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I'll say very small price increases, if any, when adjusted for inflation.