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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Chen who wrote (57694)7/13/2006 10:53:26 PM
From: John VosillaRead Replies (1) of 306849
 
It's probably going to be 73-74' for the real economy and 90-92' for the RE economy. Only the RE economy on the residential side will be much worse this time given how far valuations have gone, how much overbuilding has gone on, toxic loans and a probable uptrend in interest rates instead of lower rates that lessened the blow last time. Only financial institutions coming to the plate instead of being in receivership this time could provide the needed liquidity to prevent a horrible collapse..
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