Do I see appreciation in the next few years, sure. I don’t see a 20% increase. I just don’t get the math. The economy would have to get so much better than it is. Unemployment rates would have to drop 2% in the next few months, so what would make that happen?
The government spending runaway train is still heading down the wrong hill. The cost of fuel is at levels that hurts everyone in this country, do you see that changing anytime soon?
Do you see your family health care costs coming down? It is already costing all of us more and Obamacare will not be fully implemented until 2014 and it will cost each of us even more.
Those that make 20 and 25% increases in real estate values are not looking at reality. What do you think will happen to real estate values over the next few years?
Bob Toll, executive chairman of Toll Brothers, tells Reuters Impact Players host Robert Wolf that home prices are about to rebound significantly, climbing 20% next year and another 25-30% in 2014.