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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (29477)4/12/2005 9:00:42 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Yes, that's well known. The Empire State Building was built (started) in 1929. The WTC was finished in 1973, right at the peak of the late '60's-early 70's expansion. The Petronas Towers in Malaysia were built right when the Asian Contagion hit. It's human nature on display....there's always a bull market in Hubris at the top of economic cycles, and that's when these things tend to get the "go" signal......<NG>
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