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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: flint who wrote (25895)12/13/2004 12:37:29 AM
From: mishedloRead Replies (1) of 306849
 
Thanks for making my point. Housing has had record profits while it's greatest expense bubbled up. Lower that expense and the profit margins will only improve.

The same analogy applies to industries with high energy costs. It's odd how many people understand that the plastic industry makes more money during a fall in oil prices, yet these same clowns will short Housing contractors thinking the deflation of their land expense will ruin them.

I suppose when push come to shove most people are "smart" because they know how to parrot the main stream thought of the day.

Lots of smart people here.

Flint


Wow - the perfect business
Home builders go up with increasing land prices and even more with decreasing land prices.

Gee, what could be simpler.
It's a perfect, never fail world

Mish
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