The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Oblomov who wrote (38749)	8/21/2005 11:41:41 PM
From: bentway	Read Replies (1) of 306849

It's the same in my flyover area. Tons of foreclosures. The easy credit with lax lending standards are available everywhere, not just in the bubblezones. Lots of flyover folks have bought beyond their true means as well. I don't believe the economy is performing as well as the numbers would indicate either. I'm sure unemployment is much higher than the stated figures, which don't seem to count the long term unemployed.

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