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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (35642)7/9/2005 2:24:38 PM
From: John Vosilla  Read Replies (3) of 110194
 
Coastal housing market will deflate slowly for a long time but more than offset by a much stronger real economy than anyone thinks this next cycle. Corporate balance sheets have never been better. A drop of $100k in home values over say 5-7 years in bubble markets is a very small slice of the total economy when you consider 7 cents per year of every dollar is the impact on spending..
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