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: The Street who wrote (9649)	3/17/2003 12:56:02 PM
From: Skeeter Bug	Read Replies (2) of 306849

imho, what this guy doesn't add into the mix is rates can go up... and housing values can plummet. what will that $450k home be when rates are back at 8%? who wants that risk? not i! but, let's all pretend that elephant isn't really in the middle of the room. -lol- reminds me of gore extrapolating the boom for another decade to show he would eliminate the debt. i almost puked. bush wasn't much better, but gore took the cake on that one.

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