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: Tommaso who wrote (33000)	6/9/2005 1:37:04 PM
From: Tradelite	Read Replies (1) of 306849

Time will tell. If suddenly all the players and all the money currently thrashing around in our real estate markets disappear, things will change. For the good of the country in general, I hope ultra-liberal lending practices disappear. But the chances of people and market players disappearing? That could be a tough one. Notice that everyone is concerned about thousands of jobs slated to dry up at General Motors. Few people are talking about the new auto plants being built by Toyota, Hyundai and maybe other companies I don't know about, in states which appear to be mainly located in the South. And what about those reports we're getting about the IRS receiving an unexpectedly high amount of tax receipts this year? Lots of stuff must be going on out there to keep commerce perking. Population ain't shrinking, either. Story on front page of Wash Post this a.m. about surge in Hispanic population and births among that group in this country in past several years. "In another contrast to the 1990s, births have overtaken immigration this decade as the largest source of Hispanic growth."

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