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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: AC Flyer who wrote (26077)12/16/2004 6:06:41 PM
From: THRead Replies (2) of 306849
 
AC Flyer,

I was looking at the graph on this page.

hsdent.com

Each vertical line represents two years, so that would put the leading edge of 30,000 in 05. The graph you just posted does not show this same level, but rather the Dow at 14-16K in Jan 05. Why has Dent not updated his charts in four years?

A few years back I was having dinner with the COO of the company I work for. He went on about the aging population continuing to funnel money into the market regardless of historical valuation norms. I find such logic extremely suspect, but I fear it will work as long as enough people believe it will. And then one day it won't.

I wonder what the driver is going to be to propel the Dow to 15k, let alone 30K. And I wonder where the income to pay for this is going to come from. Wages are basically flat, and it does not appear that this is going to change anytime soon.

Dent has some interesting ideas. I going to spend some more time reading.

GT
TH
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