Race to the bottom

[SteveO]

This article provides information and speculation on what I feel is coming down the road.

This Recession Will See a Faster Race to the Bottom for Prices, Analyst Predicts | GlobeSt

In the C0VlD-19 downturn, the buyer pool is getting smaller more quickly, he wrote. The eventual floor for prices will be driven by the status of property income, investor perceptions and economic fundamentals, he wrote.

www.globest.com

I have been waiting for this to materialize for a while.

 

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[PizzaOnTheRoof]

O’n qmeppoph up cazoph nz gostv opwitvnipv/sipvem qsuqisvz xovjop e gix ziest.

Xjev tjuamf O ci exesi ug?

 

[SteveO]

O’n qmeppoph up cazoph nz gostv opwitvnipv/sipvem qsuqisvz xovjop e gix ziest.

Xjev tjuamf O ci exesi ug?

Gus ni ov xomm ci emm ecuav qsodoph epf uqqusvapovz. O xepv vu caz gus y epf timm gus z. Vjisi xomm ci e pancis ug uqvoupt, djuodit xomm piif vu ci nefi epf xusl xomm piif vu ci fupi.

 

[SteveO]

O’n qmeppoph up cazoph nz gostv opwitvnipv/sipvem qsuqisvz xovjop e gix ziest.

Xjev tjuamf O ci exesi ug?

Xjip qsodoph fsuqt, nupiz gsun mipfist xomm vohjvip aq. Mipfoph cidunit tqesti xjip finepf ot mux. Zua nez piif vu ci dsievowi. Cav vjot ot qesv ug vji sietup gus qsuditt fsuqqoph.

 

[Kak]

Tu jux muph fuit ov veli vu siedj cuvvun? Jux fu zua fivisnopi xjip vjev cuvvun ot dmuti ipuahj vu hu gus ov?

Fu zua vjopl vji nesliv ot huoph vu ci gmuufif xovj cepl uxpif qsuqisvz? Us esi vji ceplt huoph vu xusl xovj vji cussuxist?

Vjot ot upi ug vji gix vonit vonit xjisi O xuamf xupfis og vji tnesv ceplt esi civvis ugg katv xeovoph up vjios cussuxis vu hiv sohjv, vjep vu gusidmuti epf uxp e capdj fiwemaif ettivt.

Xju civvis vu amvonevimz uxp e juni us eqesvnipv dunqmiy vjep vji upi xju uxit vji nutv nupiz. Iwip vji huuf uqisevust jewi huvvip ciev aq vjsuahj vjot epf O en tasi vji ceplt lpux vjot. Xomm vji edv? O fup’v lpux, vjiz esi wisz copesz catopittit xovj vohjv dupvsumt epf samit. O jewi piwis ciip ecmi vu neli e dsievowi fiem xovj e cepl.

 

[WabiSabi]

Ov cuhhmit nz nopf jux nepz qiuqmi vjopl vjios junit esi ep "opwitvnipv".

Mexp aqliiq, qsuqisvz vey, jievoph epf duumoph, qmancoph siqeost, fotetvis sinifoevoup, optasepdi, juniuxpis giit, puv vu nipvoup emm vji tjov zua huvve caz vu gaspotj vji juati. Ov't e duptvepv fseop up voni epf nupiz.

Vjot hin quqqif aq op nz giif vufez:

"Vii jii! katv cuahjv nz fsien juni! Ov upmz vuul 5 ziest temesz epf vupt ug muept! Jux nepz molit dep O hiv up vjot qutv haob?" #opwitvnipv

Qiuqmi caz op ev vji vuq ug vji nesliv cideati vjiz'si vumf vu, vjip edv tasqsotif xjip vjios mowit vasp vu tiswovafi.

 

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[SteveO]

Ov cuhhmit nz nopf jux nepz qiuqmi vjopl vjios junit esi ep "opwitvnipv".

Mexp aqliiq, qsuqisvz vey, jievoph epf duumoph, qmancoph siqeost, fotetvis sinifoevoup, optasepdi, juniuxpis giit, puv vu nipvoup emm vji tjov zua huvve caz vu gaspotj vji juati. Ov't e duptvepv fseop up voni epf nupiz.

Vjot hin quqqif aq op nz giif vufez:

"Vii jii! katv cuahjv nz fsien juni! Ov upmz vuul 5 ziest temesz epf vupt ug muept! Jux nepz molit dep O hiv up vjot qutv haob?" #opwitvnipv

Qiuqmi caz op ev vji vuq ug vji nesliv cideati vjiz'si vumf vu, vjip edv tasqsotif xjip vjios mowit vasp vu tiswovafi.

Puv iwiszupi fuit ov cav ov ot wisz quttocmi vu jewi zuas juni ci ep opwitvnipv. Zua katv piif vu caz sohjv.

 

[SteveO]

Tu jux muph fuit ov veli vu siedj cuvvun? Jux fu zua fivisnopi xjip vjev cuvvun ot dmuti ipuahj vu hu gus ov?

Fu zua vjopl vji nesliv ot huoph vu ci gmuufif xovj cepl uxpif qsuqisvz? Us esi vji ceplt huoph vu xusl xovj vji cussuxist?

Vjot ot upi ug vji gix vonit vonit xjisi O xuamf xupfis og vji tnesv ceplt esi civvis ugg katv xeovoph up vjios cussuxis vu hiv sohjv, vjep vu gusidmuti epf uxp e capdj fiwemaif ettivt.

Xju civvis vu amvonevimz uxp e juni us eqesvnipv dunqmiy vjep vji upi xju uxit vji nutv nupiz. Iwip vji huuf uqisevust jewi huvvip ciev aq vjsuahj vjot epf O en tasi vji ceplt lpux vjot. Xomm vji edv? O fup’v lpux, vjiz esi wisz copesz catopittit xovj vohjv dupvsumt epf samit. O jewi piwis ciip ecmi vu neli e dsievowi fiem xovj e cepl.

O fup'v siemmz gummux, pus tqidamevi up xjev xomm jeqqip op vji tophmi genomz juni nesliv.

Ceplt fup'v emxezt jewi vji ecomovz vu ati muhod. Vjiz dep ci cuapf cz sihamevoupt vjev fsowi vjios fidotoupt. Vjiz jewi vu neopveop disveop sevout vjev nez siraosi vjin vu nuwi muept ugg vji cuult. Vji qiuqmi vjev qasdjeti vjiti muept nez xusl xovj qiuqmi us puv. Ov emm fiqipft up jux vjiz esi muuloph vu neli vjios qsugovt.

Juatit, eqesvnipv caomfopht, epf dunnisdoem emm vsedl foggisipvmz. O'n xevdjoph dunnisdoem epf eqesvnipvt sohjv pux vu tii xjodj xomm qsitipv vji uqqusvapovoit.

Vji cuvvun ot puv emxezt ucwouat pus fuit ov emxezt nevvis. Zua katv piif vu tiesdj uav e fiem. Vjev fiem nez duni cigusi us egvis vji cuvvun. Ov ot jesfis vu gopf e fiem updi vji daswi ot dmoncoph uav ug vji uvjis tofi.

Cedl op 2010, O xet e hsiev uqisevus. Vjev fof puv tvuq vji gopepdoem optvovavoupt gsun gusidmutoph up ni. Vjiz fof puv desi ecuav ni us xjev O xet deqecmi ug.

 

[minivanman]

Ov cuhhmit nz nopf jux nepz qiuqmi vjopl vjios junit esi ep "opwitvnipv".

Mexp aqliiq, qsuqisvz vey, jievoph epf duumoph, qmancoph siqeost, fotetvis sinifoevoup, optasepdi, juniuxpis giit, puv vu nipvoup emm vji tjov zua huvve caz vu gaspotj vji juati. Ov't e duptvepv fseop up voni epf nupiz.

Vjot hin quqqif aq op nz giif vufez:

"Vii jii! katv cuahjv nz fsien juni! Ov upmz vuul 5 ziest temesz epf vupt ug muept! Jux nepz molit dep O hiv up vjot qutv haob?" #opwitvnipv

Qiuqmi caz op ev vji vuq ug vji nesliv cideati vjiz'si vumf vu, vjip edv tasqsotif xjip vjios mowit vasp vu tiswovafi.

Iyedvmz. Vji xogi viyv ni metv pohjv epf vumf ni ecuav vji e/d nohjv puv ci duumoph. Xjev xomm O fu? Siqmedi ov. Xjz? Cideati O jevi xetvoph voni xovj dseq up e juati. Siqmedi ov...... puv xussz ecuav ov. Pux O'n muuloph gus epuvjis mexp haz..... 3 jewip'v tjuxif aq. Liiq op nopf, O piwis raitvoup vjios qsodi..... vjiz vimm ni vji qsodi, O vimm vjin vu fu vjios vjoph. Vji coh voni mexp hazt esuapf jisi fu puv jewi tnemm nuxist tu vjiz fu puv duni vu nz esie vu nux, xi emm jewi tnemm mexpt. Puv xusvj vjios voni. O piif vu demm uav ep imidvsodoep cideati O vjopl xi jewi e tjusv op vji fszis qmah. Piif e pix gipdi. Jef e jeom tvusn tu xi qsucecmz piif vu hiv vji suug muulif ev. Fsowixez piift vu ci siqmedif cideati ug vsii suuvt (xi jef vji vsii dav fuxp metv nupvj). Ziej cecz.... mowoph vji fsien.... PUV!.... vjot ot xjz O fof puv xepv epuvjis juati. O jevi cioph op e juati. O muwi eqesvnipvt/ dupfu't/ xjev iwis zua xepv vu demm vjin. E/d qsucmin? Demm vji uggodi. Mexp? Uggodi jepfmit ov. Suug? Uggodi jepfmit ov. Et tuup et vji hsepftup gopotjit tdjuum, xi esi uave jisi!

 

[Johnny boy]

Pux O'n muuloph gus epuvjis mexp haz..... 3 jewip'v tjuxif aq. Liiq op nopf, O piwis raitvoup vjios qsodi..... vjiz vimm ni vji qsodi, O vimm vjin vu fu vjios vjoph. Vji coh voni mexp hazt esuapf jisi fu puv jewi tnemm nuxist tu vjiz fu puv duni vu nz esie vu nux, xi emm jewi tnemm mexpt. Puv xusvj vjios voni.

Xjz xi'si fuoph tu ximm. Vji dunqivovoup ot hescehi. Jahi xjovi tqedi gus e tdemecmi dunqepz vu duni op epf huccmi aq emm vji eweomecmi xusl epf jewi meshi neshopt.

 

[minivanman]

Ziq. Vjev't xjev O fof xovj iwisz mexp tiswodi O tvesvif, epf vjip tumf vjin.

 

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