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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (35645)7/19/2005 11:42:28 AM
From: TradeliteRead Replies (1) of 306849
 
I think few people realize how much real cash is floating around out there, and HAS been floating around in our economy and housing market for many years.

Maybe you have to actually experience selling some real estate to see the money. I've sorta come to that conclusion after reading this thread.

Very seldom have I EVER met a buyer or seller who didn't have lots of it, even when I helped relatives sell a modest home in a southern college town as part of an estate--the buyer brought all cash.

Highly leveraged loans are a new phenomenon which probably will die out as quickly as they appeared on the radar screen--and a very small proportion of the population will be the worse off for it. My opinion only, based on some experience and observation. It isn't as if we haven't lived thru real estate downturns before and haven't seen the movie once or twice already....
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