@kimmaicutler the next land crash isnt expected until around 2026. It may be a long time before I can afford to return to SF.
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@iddqkfa expected by whom?
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@kimmaicutler@albuhhh@KathPender If I remember correctly, rents came down most aggressively. Purchase market was soft. -
@adamnash@albuhhh@KathPender in 2008-2009, sale prices came down but rents didn't. - 5 more replies
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@kimmaicutler that's a key part of the Big Short. The bubble burst and San Jose prices didn't decline. Biggest hit was the 2008 meltdown.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@albuhhh@KathPender rents did, didn't they?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@albuhhh@KathPender my experience was that crap apartments & shares were much cheaper/ plentiful. At top end, less changed.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler back of the@stlouisfed envelope says SF also the only metro where Case-Shiller index moved 1996-2001pic.twitter.com/ySEeJ5HKw1
Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler only time we've ever had to lower our rent.Thanks. Twitter will use this to make your timeline better. UndoUndo
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