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May 20, 2022
2:31
:23
pm
Cougarmayn
Starter
I'd be interested to see how those figures were calculated. From late 2007 to
March of 2009, the US equity markets fell by about half. From their peak to their low, average US home prices fell by 35%.
I believe the 14% drop we're seeing now, but the 18% drop you quoted relating to the late 2000s seems off.
This message has been modified
Originally posted on May 20, 2022 at 2:31:23pm
Message modified by Cougarmayn on May 20, 2022 at 2:35:24pm
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Cougarmayn
Previous username
cougarking101
New username
JB2JH
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Cougarmayn
Joined
Oct 27, 2007
Last login
Dec 8, 2023
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Messages
Author
Time
This is a disconcerting observation:
stenso
5/20/22 2:06pm
Perhaps but most of the fundamentals now are very different than 2008
Cougarclaw
5/20/22 2:07pm
Some are - just like in 2008. Others who bought more recently, not so much.
crack
5/20/22 2:09pm
Equity is worthless unless you have access to it
byukarl
5/20/22 2:14pm
Right, but in 2008 many abandoned properties due to no equity, and that won't happen this time.
Turnpike Lane
5/20/22 2:22pm
depends on how bad everything else is
byukarl
5/20/22 2:29pm
This isnt 2008! It is 1978
johnnybyu
5/20/22 2:32pm
Yeah. Every business is going to try to cut back on tools before people.
ballen
5/20/22 2:22pm
I think so too
homegrown
5/20/22 3:46pm
I'd be interested to see how those figures were calculated. From late 2007 to
Cougarmayn
5/20/22 2:31pm
I agree startups are going to face challenges
johnnybyu
5/20/22 2:32pm
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