try and get the book by bob beckman 'the downwave' or suss out on google if you can. there's a good bit on housing if my memory serves me correctly. published around early 1980's. i think he's done another for the 'time wave' now approaching but i've yet to find time to check him out.
house prices DO FALL. in fact house price history as a rule of thumb is up sharply for short periods and down slowly over long periods. late 1880's in uk the housing bubble caused havoc. this based on my grandfather's stories to me as to why he never bought a house. he was too scared ! he'd seen his father lose the lot, so to speak.
in uk (+usa and oz ?) late 1920's prices were indeed depressed. ww11 and mid to late 1960's too.
please do not think that house prices always go up. a total misnomer. ok, so in the usa, on average, house prices have gone up every yr since the late 1940's. i don't count on that continuing. the debt bubble that is now in existence world wide is a very different animal than ever before.
i doubt if anyone will know how to control it when the cards fall.
it's wave history.
folks have not been there before, quite like this.
