SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (44017)10/24/2005 5:18:13 PM
From: Zincman  Read Replies (3) of 110194
 
Russ:
I recently watched a CNN special on R/E in the US. They listed the the top 5, all time, % declines in US R/E history.

Houston, Dallas, (Oil recession ) So Cal (defense spending cut backs) North East (stock market crash 87) Fla (???)

What surprised me was how little decline actually occurred. I believe the highest % decline was only 20%. The rest were between 11 and 20.

Given the fact that some top cites are still posting double digit YOY appreciations, and many, many are posting strong single digit increases, I am beginning to wonder if selective R/E might be a very good investment at this time.

Do you believe CNN's numbers to be accurate? If so, what % declines do you foresee in the US RE market.

TIA,
ZM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext