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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: CalculatedRisk who wrote (37435)8/10/2005 3:39:48 AM
From: KMRead Replies (1) of 306849
 
Totally agree with you. I think people are going to be surprised at how hard this area gets hit, even though there was never the kind of silliness that has gone on in the bubble areas.

I am a state representative for a breed specific national dog rescue group. These dogs are very expensive and trendy. They cost 2K and up. We used to get maybe 10 a year into rescue but today, we have over 60 in rescue and many of them are turned over because of economic distress. That never happened 2-3 years ago. I see things like that as a leading indicator of much more to come.
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