Comment of the Day: “Who would buy in this market…

"Who would buy in this market - seriously? Only vultures- let's just hope there are enough vultures out there. Unless sellers drop their prices 20% overnight their units are not going to attract any attention. My guess is that prices will drop 35% from their highs, but still that probably only puts them back to 2004 levels. 35% sounds huge, but 2004 levels don't sound so bad." [Market Reports: PriceChops, Broken Contracts on the Rise]For more stories from Curbed, go to

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