The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JoanP who wrote (349)	8/28/2001 10:55:44 AM
From: AC Flyer	Read Replies (1) of 306849

JoanP: I would guess from your post that you have recently bought a house. It's hard to be objective about investment decisions. I am conscious of the fact that my perceptions are colored by my own point of view that housing prices are peaking - after all, I recently downsized as a result of this perception. If prices keep climbing, I will be wrong, and it's hard to be wrong. Unfortunately, however, your statement >>a house that appreciates by 27% annually would triple in value in < 5 years<< has a strong "Amazon to 600" flavor to it.

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