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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (29160)3/23/2005 12:26:29 AM
From: John Vosilla  Read Replies (1) of 110194
 
I too think there will be a quick fall after higher long term rates and tighter lending requirements but primarily in the most speculative areas and property types such as the San Diego and Miami urban high rise condos or the Vegas second home market. I see the average 40 year old LA ranch home or NYC brownstone losing 40-60% over a period of 5-10 years
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