The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (57080)	3/29/2006 1:43:48 PM
From: John Vosilla	Read Replies (1) of 110194

True but housing is a collection of individual markets and within those markets are submarkets and property types. Yes new condos in downtown San Diego is one facet that could go down 60-70% while existing single family in an inexpensive quiet suburb of an expanding city in the midwest goes up 50-100% in the same 5-7 year period.. How can that be? One was a financially engineered ponzi scheme of the lax lending in our new ownership society totally detached from reality while the other is a truer future measure of the erosion of your dollar and relentless inflation in the system..It's a game you have to play in and protect yourself due in large part to the incredible stupidity of our nations leaders the past five or so years..

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