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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (23221)8/16/2004 11:15:54 AM
From: Mick MørmønyRead Replies (1) of 306849
 
You have some valid points, '70s girl.

The last time the markets were this kind to borrowers -- and this cruel to savers -- was the 1970s. The period was followed by the annihilation of the thrift industry and a real estate bust that took more than a decade to clean up.

moneycentral.msn.com
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