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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (49400)3/4/2006 12:00:16 AM
From: Jim McMannisRead Replies (2) of 306849
 
RE:"I know of many people down here who are spending much more now in their 70's than they ever did when they were working. How many think nothing of spending $40-50k to completely redo the kitchen in their condo is amazing."

No problem, the repercusions of rising prices has no bounds.

Remember. Higher prices beget higher prices.

Had the housing market been a free market...people wouldn't have had the money.
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