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: Tradelite who wrote (592)	8/29/2001 10:32:22 PM
From: Snowshoe	Read Replies (1) of 306849

>>Today, you don't have a real estate bubble...you have a limited supply of housing for a growing supply of people of home-buying age. Period. If jobs and incomes get hurt by the economy, prices will come down. The number of people needing housing will not decline.<< It seems to me that there is more crash potential with commercial real estate than residential. I heard a report on public radio today that the discount retail sector occupied by Wal-Mart, K Mart, and Target is seriously over-stored. The report suggested that K Mart may have to fold. This would put a lot of excess square footage on the market that is not really needed for anything.

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