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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: X Y Zebra who wrote (40696)9/6/2005 12:16:34 PM
From: John VosillaRead Replies (2) of 306849
 
"what will happen is that the retiring plans for 79 million people will be altered for good... for some, these considerations had not even entered the radar screen... now, the lack of exposure to natural disasters, AND the fiscal responsibility of each locale (scrutiny of state & city governments fiscal performance) will be incredibly important"

Bingo. Funny to see Lizzie arguing with you about California. That isn't going to be the story and neither is Florida, Las Vegas or Phoenix. Property values in overpriced areas and areas exposed to hurricanes and social unrest will take a dive. Many sleeper areas as you say are at the beginning stage of a 20-30 year explosion
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