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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (6480)11/1/2002 8:51:36 PM
From: SpekulatiusRead Replies (5) of 306849
 
With respect to RE - one scenario that nobody has taken into account would be that record low interest rates continue to fuel RE even of the economy deteriorates further. Reaper on the CFZ thread has predicted 2%+ interest for the 10 years treasuries. If this happens we could have 3%+ mortgages (if we do not get a credit crunch - i big if I admit) and RE would continue to run on fumes even with a miserable economy. I don't think it will happen but I don't think its impossible either.
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