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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Rutgers who wrote (28868)4/6/2005 3:14:33 AM
From: RobohogsRead Replies (1) of 306849
 
The ownership/rental cost differentials are too high to sustain for long. Manhattan is one of the areas that has bubbled heavily in the past and crashed. Only other markets with such severe moves are in Texas oil areas (crash in 80s/90s), Boston, California, and a few others. Coming collapse could be interesting but I guess I disagree with others as I think impact should be limited to Coasts with a medium recession. No stock market crash/dollar crash. My opinion.

Jon
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