That "perhaps take chips off table" teasing reminds me of a saying that you want an economist with one hand, so that after he gives you an opinion he cannot say, "but on the other hand...."  

Protect condominiums, houses and newer buildings from RENT CONTROLProtect your property from expansions in rent control like the notorious LAHD HCIDLA (new LAHD that they changed the name for due to scandals and spending tax dollar money ) REAP Rent Control Housing Authority of the City of Los Angeles HACLA Housing Authority of the City of Los AngelesCASE AGAINST RENT CONTROLhttps://fee.org/articles/the-case-against-rent-control/https://www.economist.com/blogs/economist-explains/2015/08/economist-explains-19

I am not an economist so I am not going to throw out any specific prediction, other than to say they will probably go up.  

As an economist, this seems the appropriate move -- letting the market find a bottom rather than holding the property, either in a bank portfolio or on the FDIC's books, until the "market recovers" or the bid reaches the current loan balance.Bryan, from the article (and reading between the lines) it appears that a number of players in that deal took a hit, not all of them were Federally insured financial institutions.

After five consecutive months of gains, the IMI recently began to plateau, with many markets holding steady and a few experiencing the ups-and-downs that are typical in a choppy recovery," observed NAHB Chief Economist David Crowe.

Generally, most economists believe that when the booms end, the market comes back to pre-boom pricing.I keep my eye on the listings/solds in Baltimore Surroundings and observing the strong trend down.

Family & friends claim I'm an economist/cheap/ you name it, once it has to do with saving/adding/multipying/investing...I'm labelled.

The Economist has estimated that $800 Trillion in loan payments around the world are affected by the LIBOR, as well as pretty much every savings rate.

. :) There is an old joke that economists have correctly predicted 10 of the last 3 recessions.

The Economist" also commented on our diverse politics, calling Colorado "America's Liveliest State" in a piece about fracking in this week's issue.