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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Wyätt Gwyön who wrote (35421)7/15/2005 11:44:16 PM
From: John VosillaRead Replies (2) of 306849
 
"still, nothing compared to the $5-10 trillion that will go to money heaven when the RE bubble pops."

Agreed the tech fiasco doesn't come close. I bet this next one comes a lot closer to the totals from the S&L debacle in our not too distant past. Commercial RE nationwide down average 60-70% and most banks went under. Also, our three largest states in population all had a major residential housing collapse in their largest cities of 30%+ along with Boston area.
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