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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JBTFD who wrote (24524)10/14/2004 8:48:18 PM
From: Elroy JetsonRead Replies (1) of 306849
 
The chart "Home Equity Extraction", which shows how voraciously Americans have borrowed and spent their home equity during the past four years, is from Paul Kasriel of the Northern Trust.

ntrs.com

Specifically: ntrs.com

The October 1, 2004 report titled "Investment Implications of the Inevitable Rebalancing of the US Economy Or Making Lemonade Out of Lemons" contains the chart on page 18.

The chart: home.pacbell.net

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