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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 7:01:16 PM
From: larryRead Replies (2) of 306849
 
Lizzie,

Yes. Unless we get a super bubble like growth (5-7% growth in GDP) or have a government book cooking led fierce stock market rally, I don't see the housing market avoid the inevitable. A soft landing is possible, and I am sure not expecting a hard landing as we have experienced with the NAZ.

BTW, I am expecting a DOW 5800 scenario before it's totally over, followed by a decade long side way trading in the market before another new bull market lands. US gets too many problems to deal with and the debt issue is just one of them. You can bet that I am expecting a nasty surprise for the housing market down the road. But like lots of people on the thread, I am not sure what is the best way to hedge against such a scenario, if there is indeed one. The good news is that my family is in excellent economic condition and I have prepared for the worst (5 year of no job for me and my wife). That's not likely to happen.

larry
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