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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (38219)8/16/2005 11:18:01 PM
From: Lizzie TudorRead Replies (1) of 306849
 
Most of us believed that 3 years ago too."


Isn't that pretty typical with any bubble - hence the saying "the markets can stay irrational longer than you can stay solvent". These things ALWAYS go on for longer than people think. Doesn't matter what the asset class is I don't think. Of course you are always going to get some people that call every asset a bubble no matter how cheap it is. Like the bears calling for another 40% stock market crash in Oct 02, there were plenty of those.

You have to wait for discernable evidence things are falling- which I think we have now
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