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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: SouthFloridaGuy who wrote (34730)7/1/2005 1:48:42 PM
From: Proud_InfidelRead Replies (1) of 306849
 
Re: Real Estate is local and so too will be its affects. Yes, there will be a multiplier effect across the economy given the extent of the bubble, but for the most part, I expect bubble areas to have severe downturns that will affect local economies far greater than the national.


This is probably the most likely scenario, though for a time everyone could take a hit. After 2000 nearly every stock fell in the years following the bubble's burst, but some stocks came back very quickly. This is how I see your scenario playing out.
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