- Oct 24, 2010
Agree with GS, the prices are going down, and the situation is not going to change in the short or mid term.
It is a better time to buy now than 2 years ago, but the economic situation will certainly get worst so prices will continue falling. Dont know how worse will get, though. Dont think we re going to have another 2001 when prices went down like 80%, but surely recession will come, and the dollar will increase its value. Prices will get better, the rest of the K government and even better when the next president comes. The next government will have a recessive cycle, that lasts at least 3 years!!
So, I repeat what I always said in this forum, is it a good time to buy? yes. Is it the best time? I d wait.
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