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: jimmg who wrote (71835)	2/10/2007 11:49:35 AM
From: CalculatedRisk	Read Replies (1) of 306849

The long term depends on two things - labor force growth and innovation (aka productivity). If you are bearish long term, you have to believe the population is going to decrease and/ or innovation is going to stop. I know many doomsayers are predicting global population collapse because of "peak oil", "peak water", pandemics, meteor strikes, super volcanoes, or whatever else ... I don't think it's worth the energy to worry about those events. I think innovation will continue ... that is the history of mankind. So I'm positive long term.

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