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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Michael Sphar who wrote (6286)10/27/2002 4:17:21 AM
From: MulhollandDriveRead Replies (1) of 306849
 
>>Perhaps I was just stubborn and being a third generation Californian too entrenched to be driven out.<<<

to be "driven out'?

this because of a job offer out of state?

that you think leaving is referred to a being driven out may be indicative of the fearfulness of "leaving" due to the difficulty in "getting back in"? due to the highly speculative RE market?

as to that the crash index is signaling...

looser credit requirements....lower interest rates....and in the case of california, dwindling supply. those factors are dynamic forces in pushing up RE valuations.

my own personal opinion is that i do not expect a real estate "crash"....but there are most assuredly areas that i believe RE have hit a wall and will correct.
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