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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KM who wrote (47276)1/18/2006 11:10:49 AM
From: SGJRead Replies (2) of 306849
 
Yes I do. Lots of people in Richardson sent the bank the keys in 2001 too. The difference is in 1990 we didn't have an immigrant class crossing the line from lower class to working class that will soak up supply. This is what happened in Richardson during the Telecom corridor bust of 2001. Add to that DFW has really not had any kind of appreciation in the last 5 years, which has been discussed here ad infinitum before.
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