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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (6330)10/28/2002 11:42:09 AM
From: Elroy JetsonRead Replies (2) of 306849
 
"Real Estate Developers are like cocaine addicts, unable to stop building as long as lenders dispense cash."

Sam Zell, largest property owner in the U.S.

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"I cracked up one day a few weeks ago when Steve Liesman of the Wall Street Journal said in an authoritative tone ...those builders are going to over-build... it always happens."

"Real estate only goes up."

Tradelite, small-time know-it-all real estate agent
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