Home prices have now fallen more than during the Great Depression

That’s what I just read in this CNBC Realty Check story. I’ve said it would take ten years to crawl out of this one. Maybe twenty is something to consider.


  1. J. Strupp says:

    When did you write anything about the collapse in real estate prices taking 10 or more years to resolve?

  2. I did look a bit but can’t find anything here that I’ve written. It’s mostly been talk with the kids, the spouse, and my good friend KL. We chat for about an hour every morning. I’m sure she wouldn’t mind you calling to confirm the ten year comment.