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: GraceZ who wrote (14959)	11/10/2003 2:48:58 PM
From: bentway	Read Replies (1) of 306849

Having just bailed from there, I can't help feeling that the Cal. market is reprising the Japanese market of the 80's. One of the causes of their current economic malaise is the number of bad real estate loans absorbed by their banks following their real estate crash. There are things that are different, Cal. is not a country, and most of the loans are probably Federally insured. Still, it would be interesting to find out who profited from the Japanese crash and how they did it, other than just bailing near the top.

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