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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lazarus_Long who wrote (40934)9/8/2005 12:57:11 AM
From: John VosillaRead Replies (1) of 306849
 
"Florida was quickly forgotten as speculation went national in the stock market boom of 1926-1929"

This time they reversed things but the timing of the subsequent second top should be happening by now<g>. Still not expecting a 1929 crash again except maybe most frothy RE areas of speculation in some high end new condo and second home markets. Thinking more like a hybrid of 1970's stagflation and early 1990's RTC period. A rather lengthy period lasting perhaps over a decade to resolve the imbalances in places like SoCal.
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