The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tdl4138 who wrote (58858)	4/20/2006 10:50:10 AM
From: John Vosilla	Read Replies (2) of 110194

The skyrocketing costs of construction puts a cap on price declines in many areas. It ain't going to help you if you own a 1200 sf $800k ranch in LA or San Fran where most of the value is in the land but it certainly will help if you own a newer 2500sf $140k house in Dallas or Houston.. That said I expect a condo collapse of 60-70% off the top in places like Vegas and parts of FL even without a big rise in interest rates. Now if interest rates rise quickly to near double digits I'd expect a similar plunge in bubble market single family as well.. What a wild ride it's gonna be<g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next