2007-02-25 15:14:20 · 6 answers · asked by Acacia 2 in Business & Finance ➔ Renting & Real Estate
It probably will. Alot of people are anxiously waiting for the real estate to crash. The current home prices in los angeles and orange county are ridiculously high. It's just matter of time until prices come down. If not earthquake, rising interest rate will. What goes up must come down.
2007-02-25 15:17:15 · answer #1 · answered by ocean 3 · 0⤊ 0⤋
I hate to burst your bubble, but the housing prices are not going to crash, not even if there was a major earthquake.
Regards
2007-02-25 16:35:57 · answer #2 · answered by Anonymous · 0⤊ 1⤋
IF the truth got out on how they made the bubble prices would crash. This web site tells how they made the bubble I can tell you it was not done honestly and is going to hurt a lot of people.
http://www.breakingbubble.com/
I fell some shacking
2007-02-25 15:34:35 · answer #3 · answered by Anonymous · 1⤊ 0⤋
possibly that's what woke me up final evening. in simple terms in time to pass to artwork. I easily have felt all of them beginning up with the tragic Sylmar/San Fernando Earthquake, February 9, 1971. It scared me to dying as i became into shaking in my mattress as a toddler. those called a thrust, while this is barely like a drop became into the worst I felt. actually knocks you down on the floor. My physique injury so undesirable.
2016-10-02 00:07:09 · answer #4 · answered by ? 4 · 0⤊ 0⤋
No bubble, all a myth. People waiting for prices to "crash" will be waiting the rest of their lives. Now prices will fluctuate up and down, That's normal, but this crash you speak of, not going to happen.
RE Agent,
Remax
2007-02-26 00:42:05 · answer #5 · answered by frankie b 5 · 0⤊ 1⤋
It could because people will leave.I don't think it will help the rental market.I live in a Los Angeles suburb.There are more
Bankruptcies now.
2007-02-25 15:23:12 · answer #6 · answered by thresher 7 · 1⤊ 0⤋