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: maceng2 who wrote (7285)	12/12/2002 3:51:24 PM
From: Elroy Jetson	Read Replies (1) of 306849

CNBC had a wonderful segment on Japanese real estate prices early this morning. Tom Costello reported on the most recent commercial real estate auctions. All commercial properties were sold at prices 90 to 95% less than their peak price levels. It just proves that the price of real estate is always at a premium when you buy at the top of a bubble.

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