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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (31611)5/20/2005 11:23:54 AM
From: John VosillaRead Replies (1) of 306849
 
Everything seems upside down to me Grace. I too was borrowing like crazy back then. I remember during some fed tightening around 1999-2000 getting several calls from lenders saying I was overextended. Today I'm on the other end of the spectrum and getting bombarded constantly to borrow. In a perverse way the lack of capital investment and current conservative nature of many businesses have only encouraged the housing/credit bubble since the continued flow of capital needs a place to go even in the current environment of fed tightening.
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