The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (46130)	11/28/2005 6:17:59 PM
From: ggamer	Read Replies (2) of 110194

All I can tell you from Northern Cal (SF Bay Area) is that the loan business is strong. I continue to see people around me get richer as we are predicting the sky to fall. There are many many schemes going on at the moment and the loan brokers are making tons of money. Homes all around me are coming to the market and being sold whithin 30-40 days. I think just like the stock market was predicted to crash in 1997 and 1998, the housing/credit bubble still has some room left. Would you say there is another 6-8 months before we see a full blown crash in the market? Most people in the Bay Area believes that even if the bubble bursts it will be a 5-10% price reduction.

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