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: anachronist who wrote (68758)	8/24/2006 3:07:55 PM
From: John Vosilla	Read Replies (1) of 110194

'..isn't it possible that the majority of those who do own their homes outright are the least able to be able to acquire more property?' I think that point is dead on target. Least able cause of advanced age or don't care to mess with the headaches of RE cause they are filthy rich already and prefer more passive investments that generate income. A big factor going forward is how the boomers of well off parents spend the inheritance. Sounds like more luxuries and spending by the well heeled so don't expect any depression on Park Avenue, in Newport, Palm Beach or Beverly Hills..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next