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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (31541)5/19/2005 11:26:23 AM
From: ValueproRead Replies (1) of 306849
 
The problem is, he is being forced to tighten. That's not because of anything strictly related to benefiting the American public directly, but he has to continue to attract money to these shores, or we are really going down the tubes. Flow of funds is critical at this time. If yields become more attractive in other countries, the balance of payments will kill us. Herein is the reason long term rates MUST go up, however damaging it might be to the real estate economy.
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