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: Doughboy who wrote (16129)	1/19/2004 9:15:05 AM
From: Tradelite	Read Replies (1) of 306849

<<I would not be surprised to see prices fall 5-10% or stay the same for several years>> No one would be surprised to see that. Spending time talking about it, however, is not as important as preparing for it. Long-term holding in real estate is the premise one should subscribe to whenever venturing into ownership. I would also caution against subscribing to too many ivory-tower discussions of real estate in general--there are plenty of those on this thread. The market governs real estate. The market consists of buyers and their own particular fortunes in the economy and their ever-changing personal tastes, and the market can turn on you-- or for you-- so fast, you won't have time to analyze it all until it's already happened.

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