where to spend next 26-70 mos

What do you think? The Case Shiller report is out today and it’s impossible to read anything positive into it assuming that by positive you mean an increase in real estate prices. So looking at the numbers we are back to where valuations of January ’04. It took only 26 mos to reach a peak at April ’06. Now 70 mos later prices continue to fall. If you believe that most economist, forecaster, consultants, and real estate brokers, are almost always wrong and that obviously the next president will be Romney or Obama, then how do you think the following scenarios play out: Real estate values and the economy in general if it’s Romney in 26 and 70 mos from now and same if Obama.