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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (48806)2/20/2006 8:50:17 PM
From: Elroy JetsonRead Replies (1) of 306849
 
Like Texas, the Sacramento area has more available land to build on.

As a result, supply can overwhelm demand far earlier in the cycle than in the San Francisco Bay area.

During the last downturn, I was working on foreclosures and bankruptcies of major projects in Texas and Colorado in 1985.

I didn't work on similar real estate investment disasters in Southern California until 1990.
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