The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (31787)	5/5/2005 11:42:50 AM
From: sciAticA errAticA	Read Replies (1) of 110194

re: first hand reports from Floridians West Central Coast: It's full speed ahead, with full abandon... and no sense that it can or will end... Home appreciation, as touted by the powerful Realtor industry, is presently on a par with giddy extremes associated with the hottest of west coast markets... As we all know, only so much waterfront, or peripheral access to waterfront, or interior regions adjacent to areas with peripheral access to waterfront, exists. An additional rationalization for this region is that a constant future stream of retiring Boomers will buoy real estate in perpetuity... In light of current reports on national savings, one might wonder what percentage of this demographic will be retiring... especially with resources to pad an inflated retirement nest... Speculation of this nature, however, reflects an attitude that is not welcome.

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