SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tradelite who wrote (145144)1/22/2002 2:00:47 PM
From: LLCF  Read Replies (4) of 436258
 
<. If you are looking for a repeat of that bubble and think this situation is repeating itself today, I would say it's not likely. There is very little speculative buying, selling, lending and churning in the real estate market today, because people remember what happened the last time.>

Last time there were silly tax breaks for accelerated depreciation which has all been washed away. We will never see an opportunity like that again IMO. That said, the financial engineering going on at FNM dwarfs that of the past period. They've got almost 2 TRILLION in mortgages they're hoping don't give them any problems going into a recession.... how deep it is will be very important to FNM in my opinion.

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext