The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who started this subject	12/7/2002 5:29:17 PM
From: Elroy Jetson	Read Replies (6) of 306849

For those who don't believe in deflation. Breaking down the components of September’s consumer price index, if it were not for a handful of items that comprise a mere 7 per cent of the CPI: 9.5% auto insurance premiums 9.2% tobacco 9.0% hospital services 6.5% tuition the US inflation rate would already be running below the one per cent level. By contrast: -21.0% personal computers -8.0% software -4.5% long-distance telephone charges -9.0% toys -2.3% utilities/fuels -1.1% new cars -3.2% used cars -11.1% television sets -6.0% VCRs -6.0% audio equipment -2.0% tools/hardware -5.2% airfares -2.1% sporting goods a whole range of day to day products are already recording significant price deflation. prudentbear.com

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