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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (4574)8/20/2002 9:53:24 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
I think D.C. is a different kind of market from most in the U.S., for reasons we've discussed before. And I agree with you're opinion about what would happen if a (steep) downturn does hit...it's usually the overleveraged and the speculators who get hurt worst, and that's how it should be, I suppose. Highest reward, highest risk, yin and yang together again!<G>

Certainly it will be a boon to whoever has the wherewithall and the liquidity to scoop up the bargains at the bottom, as it always is.
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