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Old 05-11-2018, 02:56 PM
 
2,621 posts, read 2,025,004 times
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Quote:
Originally Posted by jm1982 View Post
It wasnít a once in a lifetime thing for the L.A area .

In about 1990 prices went down and didnít recover until about 2000 .
Thats not the same thing. Look how steep the drop is during the bubble pop.

Prices will always go down some (but they will recover), but people today think prices will drop by 30-50% over night like it is normal.
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Old 05-11-2018, 03:49 PM
 
Location: Los Angeles (Native)
24,151 posts, read 13,675,815 times
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Quote:
Originally Posted by High Altitude View Post
Thats not the same thing. Look how steep the drop is during the bubble pop.

Prices will always go down some (but they will recover), but people today think prices will drop by 30-50% over night like it is normal.
Of course it wasnít the same as the most current crash but prices went down more than ďa little ď .
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