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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Mike Johnston who wrote (36104)7/23/2005 9:50:00 PM
From: Don GreenRead Replies (1) of 306849
 
Thanks Mike for posting the link. I think your reasoning is far too extreme.

I was in Japan during their crash and I think America's will be worse but even with worse case, your thoughts are a tad bit extreme IMHO. It never gets as bad or good as most predictions.

I expect those living with excessive leverage conditions will get burned which is logical, but I don't think the end is coming. More a return to the mean. Which is what occurred in Japan.

Regards
Don
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