-last real estate down turn in 1980 took 7 years before average price per acre was equal to the peak of 1980.. 7 years for someone to just get there money back.. this time the problem is far worse.
-if we are in a 'housing depression"... during the great depression the stock market collapsed... it took about 25 years from the peak of the market prior to the crash, before the market came back to even.
Not to say this will happen... but how can a person dismiss that it could.?.
-"WELL THEY AREN'T MAKING ANY MORE LAND"... sorry to say, but they are.. communites like Heron Bay, Parkland Isles, Foxridge, used to be swamp... developers actually trucked in land to extend that part of parkland..
Sorry to be such a downer.. but i'm looking to buy in parkland also, and just a little frustrated with the process.