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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KyrosL who wrote (49394)3/3/2006 1:37:59 PM
From: John VosillaRead Replies (3) of 306849
 
I have learned to question this time is different. I've never seen so much BS about aging baby boomers saving the day in my state of Florida like I do today.. Yeah new paradigm aging boomers gonna buy each $600k condo being built as a 2nd or 3rd home. Then I hear most Americans have no savings for retirement and most with wealth outside of the very rich have almost all their equity in property. Perhaps that is where the answer lies. Here we are at the height of the winter buying season and the mania is very over. Stick a fork in it as any hope for a spring buying season in the rest of the country also fails to materialize..
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