The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tradelite who wrote (361)	8/28/2001 12:17:29 PM
From: SouthFloridaGuy	Read Replies (2) of 306849

I heard the same thing about Tokyo land prices 10 years ago. BTW, another function of real estate appreciation is LEVERAGE and the latest ownership/equity stats show that actual ownership is at its lowest level EVER. Just like the stock market - too much funny money (3-5% down payments and costant home equity loans) has created a Ponzi Scheme with the backing of Fannie Mae and friends. When the bubble pops (I think it has peaked), liquidity will be the obstacle.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next