Comment of the Day: "I'm loving this. The end of...

Wednesday, Jul 29, 2009  |  Updated 10:02 AM EDT
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"I'm loving this. The end of the ibanker bonus will also signal the end of the $600,000 studio. There's no reason the cheapests livable 1BRs in this city should cost $800,000. I'm looking forward to the real 20% drop that takes place next summer and a return to some semblance of normal valuation of real estate. You know, that thing we left back in the 90s." [Oct. 1, 2008: The Day the Real Estate Boom Died]

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Posted Jul 29, 2009
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