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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (17362)2/15/2004 1:06:31 PM
From: Elroy JetsonRead Replies (3) of 306849
 
If the "American People's Central Committee for Regulating and Adjusting Free Markets" can spread the 39% decline in real estate over a 13 year period, so it amounts to something less than 4% a year, like they did in Japan - then perhaps things won't be so bad.

Well apart from the 14 year long period with negative economic growth.
And apart from the fact that all of the banks have negative equity.
And apart from the fact that most home owners have negative equity.
Well apart from all that, things might be alright.

But your friends at the Central Committee had better get their 15 Year Plan just right.
Just so long as we have none of this free-market stuff with sudden movements in price, that wouldn't work out so well.
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