The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (32908)	6/8/2005 8:23:59 AM
From: Mike Johnston	Read Replies (2) of 306849

Short-term monetary and fiscal policy have little to do with long-term population and wealth gains which have caused a diminishing amount of land to be sought after by an increasing number of people. Population of this country has been increasing for decades, many times at higher rates, without creating 100% increases in housing prices. A lot of current demand is artificial. Multiple housing units are bought for speculation with money provided by past inflation. How many homes does a person need to live in? Two, five, seven ? Do not confuse wealth with inflation. Rising house prices do not create wealth. Period.

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