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: JakeStraw who wrote (395)	8/28/2001 1:59:46 PM
From: SouthFloridaGuy	Read Replies (1) of 306849

Yes, I am sure Jersey Real Estate will hold up great - especially in areas closest to Lucent. Real Estate pricing trends have historically been 1-3 years behind the regional industry they follow. Given that 2000 was the best year for bonuses in Investment Banking Industry, I suspect we are in a March of 2000 situation for Real Estate as we speak. The housing stocks, S&L's, and Fannie Mae charts all point towards my scenario. It will be a cold winter in Westchester when there are little or no bonuses to speak of. I sure don't expect one, but I have constricted my lifestyle in accordance unlike my idiotic peers.

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