The Residential Real Estate Crash Index Message Board

STOCKTALK

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 Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bentway who wrote (46107)	12/26/2005 11:50:47 AM
From: KM	Read Replies (3) of 306849

He's talking about people like these idiots from California who blast into other places like Flagstaff, Arizona and Albuquerque, New Mexico, and smaller crappy towns in California and drive prices up through reckless speculation. It makes things tough for people who have to actually live in those places where the wages and jobs don't support the house prices that are thus artificially inflated. Then you have this cavalier "f**k you, I got mine" attitude from people who can and do walk away with profits from this sort of activity (see a bit of that on this board even). This really is not right when the subject of the speculation is a basic human necessity (shelter). Stocks aren't the same thing at all. And I am sure that when this all comes apart, this same group of people will be screaming for bailouts from the government or looking for someone to blame/sue for their own stupidity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next