The Residential Real Estate Crash Index Message Board

STOCKTALK

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.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (5759)	10/1/2002 7:22:37 PM
From: David Jones	Read Replies (3) of 306849

...this is not what was said... Yes it was said but by the author of the article. It was the first sentence of the next paragraph is all. snip> "Price bubbles don't burst. They deflate," said David Lereah, chief economist for the National Association of Realtors. In other words, prices might stop rising so quickly, but they're not going to drop. Oh sure, given his position, he would say that, but he has some statistics on his side. There's never been a time since World War II, that home prices have declined on a national scale. Even Federal Reserve ( news - web sites) Chairman Alan Greenspan ( news - web sites) has pooh-poohed the idea that real estate prices would go down in flames. snip> story.news.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next