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: Amy J who wrote (11818)	7/28/2003 3:04:47 PM
From: Tradelite	Read Replies (2) of 306849

Amy, for the "housing haircut" to occur, it will require many people selling or attempting to sell their homes to a public unwilling or hesitant to buy. Supply/demand. There's no denying that low interest rates have increased affordability and prices, but how a changing stock market or a flat real estate market will encourage homeowners to suddenly ditch their homes and run for the nearest rental, or will cause newly formed households to avoid buying homes, is something I will have to see to believe. Could happen. Just don't think it will. Everyone else seems to be basing their beliefs about the future of real estate on factors which I think might not be relevant at all. To each our own....

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