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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: re3 who wrote (13536)5/9/2004 12:17:42 PM
From: Fishfinder  Read Replies (2) of 110194
 
This may only be short lived.
The cost of housing is going way up which will contribute to maintaining real estate values.
I don't think we will see a slide in housing prices.

In Vancouver, it is becoming a renters market, but if you own new properties, ie; the new down town area, its going to remain fully rented. rents may go down 10% but so what if you aren't too highly leveraged. If you are then its your fault.
The vacancies will be in the older, and less desirable areas.
I think the same will be the norm everywhere.

scott
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