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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: J. P. who wrote (1312)1/9/2002 9:11:26 AM
From: TradeliteRead Replies (1) of 306849
 
<<The Real Estate boom will last forever, this is a new paradigm, cycles are dead. I'm finally convinced. >>

Said with tongue in cheek, I'm sure. <<gg>>

However, about those cycles in real estate...wouldn't get too wedded to that age-old idea. When the baby boomers' parents came back from the war and and created huge housing shortages and generated a huge increase in home-building--not to mention the creation of "suburbia" itself-- any cycle that existed before was broken.

Now the boomers' kids are buying.....perhaps this new "cycle" will last a long time.
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