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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (48862)2/21/2006 12:24:56 PM
From: orkriousRead Replies (1) of 306849
 
Call me crazy but I think Detroit is going to re-emerge.

I agree but I suspect is will be 7-10 years. Detroit is leading the way for the rest of the country.

First, the upcoming recession/depression has to happen. F and GM have to file for BK. People's expectations have to come down a hell of a lot, then Detroit and the rest of the country will emerge stronger. It's going to take quite a while.
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