Monday, February 28, 2011

Dr. Housing Bubble says wait to buy in CA

Speaking (disclosure) from a household that is vaguely in the market for a house, I'm wondering whether to listen to Dr. Housing Bubble, who argues in a detailed, thoughtful post that California real estate prices will keep falling through 2011. Yes, there are lots of reasons why real prices might fall, but what will inflation do to people's savings while they wait?

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