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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: gpowell who wrote (16819)2/6/2004 10:35:55 AM
From: Elroy JetsonRead Replies (3) of 306849
 
I thought 1975 to 1985 was pretty smooth sailing.

Inflation was spiked at 15% in 1980, but was generally under 10%.

On the other hand I was receiving 25% annual raises, as were most people I knew.

The stock market rose steadily during that entire time period.

What was so particularly difficult?
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