The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Dan3 who wrote (57639)	7/13/2006 8:15:59 AM
From: Think4Yourself	Read Replies (2) of 306849

I am probably the most bearish on this thread when it comes to the homies and even I am surprised by the data that has been coming out in the last few days. Always thought we would have a hard landing (soft landing was an absolute joke!), but info from the homies in the last few days suggests it is going to be a crash instead. Things have deteriorated very fast. Am now very pleased I got our retirement accounts out of the markets a few months ago. The problems with the home builders are about to start rippling through the economy. First round of layoffs has begun. Wouldn't want to be a housing subcontractor right now. Many of these people may not know it yet but their future looks pretty grim.

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