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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: redfish who wrote (27399)2/23/2005 9:18:02 AM
From: Proud_InfidelRead Replies (1) of 306849
 
David Lereah told a meeting in Dallas that the current housing boom is likely to last through the decade.

"The real estate market is still booming all across the U.S.," Mr. Lereah said. "You can't apply conventional wisdom to the real estate markets anymore.


Isn't this the exact sort of thing which was said about the stock market right before it crashed?
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