<<if someone came on this board calling you a fool I would immediately come to your defense. >>
Remember, I too said Hutch is not a fool, just one day ,perhaps soon, he will be wrong - again.
<<This is going to be one weird soft landing. >>
Yes, think what will happen when all those workers from south of the border become legal and get pay increases & some bennies? CAN WE SAY INFLATION?
<<Where property remains inflated and there is an increase in unemployed people. Now there is the rub, People allowed to be here with-in the law will be more likely to travel & some relocate, some to more rural areas which also have a large Hispanic population base.. Your CA housing may decrease in cost at the lower edge , but also might increase toward the top end of the scale.
<<but cargo docks are not working on a full capacity base.>>
That confirms the same type reports that I'm getting from New Orleans, Houston, & Seattle. Seems there is also beginning to be seen some reduction crossing border at El Paso.
<<US put on credit 'watch list'
Monday, 16 July 2001 12:08 (ET)
Has this occurred before and if so when? >>
If I recall correctly 75-77 somewhere back in there. |
