SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (29179)3/23/2005 4:47:27 PM
From: patron_anejo_por_favor  Read Replies (2) of 110194
 
<< in a down turn there IS NO MARKET, who cares about share?? The best builders are the ones who close down, and go on vacation!>>

This is the key....in a bubble, liquidity seeks rising markets. When they roll over, bids dissolve, and there is nowhere this is more apparent than real estate. Offers completely disappear, meaning if there is forced liquidation, the seller is totally and completely farked...even in March/April/May 2000, you could still get something for those shares of Infospace or Sickamore.....which will be in complete contrast to the clowns who bought 5 McMansions hoping to flip 'em.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext