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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (1932)2/26/2002 4:23:15 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
<<here's yet another fellow who takes it upon himself to proclaim real estate "overpriced." Overpriced compared to what????>>

I don't think he said that...he addressed the other side of the trade, that there is no shortage of supply. And you know what...he's right. Since the market is all knowing, it provides EXACTLY the right amount of supply to meet demand...and therefore everyone is housed except the homeless. By definition, as it were....
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