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: Lizzie Tudor who wrote (4743)	8/27/2002 6:50:27 PM
From: MulhollandDrive	Read Replies (1) of 306849

>>Thats the problem I have with others that are expecting a decline in real estate- most are on the trading/bear threads and are also expecting a double dip... I am not. << lizzie... from the link you posted.. ""People were throwing money at houses, but that's all stopped," Borsian said. "People are more thoughtful. The summers have a tendency to balance things out." greater fool theory in action. even if we don't get the technical "double dip"....growth rates a 2.5 to 3 percent are not sufficient, imo, to sustain the type of income growth that would be necessary for home prices to continue moving up at what i consider to be an unsustainable pace. (double digits)

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