Coronavirus SARS-CoV-2 Covid-19

[Jil]

@hanera

@Jil

This will also drop real estate price to 50% down like 2008 which no one here prefers !

@DH0

I would love to see a 50% crash right now! Got my cash out refis done in 2019…ready and waiting to do some bargain shopping.

Fortress won’t drop 50% - thinking of 20% decline from Feb to 2016 prices. @Jil is referring to San Jose. In fact, some neighborhoods drop by 90%. You can verify by randomly clicking on Zillow/historical prices of houses.

@manch Still hold your uber bullish view that property prices won’t decline in BARE?

@manch

Time for another Costco trip to buy rice?

@dioworld

Just bought already. In Irving
U r too slow manch …

@manch is forever too slow. Thinking of making $$$ instead of worrying about survival. Now is not the time to think of making $$$, survival FIRST. Anyhoo, there is plenty of rice in HMart and 99 Ranch - no rice in Costco.

If 50% drops are there, I guess, most of the forum viewers jump in madly and buy the real estate at deep discount level.

At present, I do not have any intention of coming back to real estate, but 50% drop even in san jose, will make me rethink my strategy to come back real estate !

Fortress won’t drop 50% => But, when RE market jumps, those fly away high !