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Strategies & Market Trends : Guidance and Visibility

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Nov 7 9:30 AM EST

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To: 2MAR$ who wrote (11422)	8/18/2001 8:32:16 AM
From: ChrisJP	Read Replies (1) of 208838

Are we talking about residential real estate or commercial real estate ? or are we talking about the housing construction sector of the economy ? The only way for there to be a collapse of the residential real estate market is for foreclosures to occur. Otherwise there isn't a bubble burst -- there's just a mild decline to flatness in real estate prices. Like in 1990 - 1991 when there were S&L problems and commercial construction problems. Of course -- foreclosures would be bad news, cuz then not only does it hurt the housing sector -- it also pisses off the banks ! Regards, Chris

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