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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: robbie_nw who wrote (75221)4/2/2007 7:30:52 AM
From: SouthFloridaGuyRead Replies (2) of 306849
 
First of all I wasn't writing to you and I have no idea who you are.

Regardless, it shows how completely ignorant and illiterate you people are.

I've been bearish on the residential real estate market in some areas (i.e. Florida), mildly bearish in others (i.e. Tri-State area outside of NYC, LA/SF,...), bullish in other areas (parts of flyover country). I've been bullish on equities, particulary in Europe. Some equities are overvalued, some are undervalued. Some real-estate in this country is overvalued, some is undervalued. You're better off buying a house today than 2 years ago, this is a fact from a valuation perspective. The bottom should come around early 2008 for many areas. Nothing has changed in my views, they are laid out for you, yet I know you'll dispute it.

The reason why you morons will never make money is you only see the world in black and white. YOU GUYS DID THE EXACT SAME THING IN 2000 WHEN YOU ALL CLAIMED THE STOCK MARKET CRASH WOULD CAUSE HOUSING TO CRASH. The troubles in real-estate are STIMULATIVE to other cheap asset classes in a world of excess liquidity. People with any semblance of intelligence would understand this and would take advantage of it.

If you saw the best investment of a lifetime and had the opportunity to gear it at a 5.25% Fed Funds (+TIGHT SPREAD) which is potentially declining, you wouldn't do it because of subprime or Alt-A woes? That's basically akin to what you all spout when you are PERMA BEARISH ON EVERYTHING and when you DERIDE anybody for saying that not everything is correlated to SHITTY BORROWERS who put no money down.

Once again, you all prove you come from the University of F-U.
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