beechwood homes goes bust, page-18

We are heading into a high inflationary environment so most of the work will be done with inflation

A generation of baby boomers will be retiring and unloading a lot of property

Plans are in the works for a million new houses to be built with tax incentives to acutally build new houses

Generation Y will simply not pay bloated prices once they start crashing

A large % of GDP is going to energy prices / food etc people have less money

China will likely slow into 2009 / 10

Once the market / banks accept peak oil people will simply be unable to borrow money like they uses to.

I am expecting a 60%-70% decline in real values over the next 15-20 years.