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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: SouthFloridaGuy who wrote (75247)4/2/2007 12:36:32 PM
From: John VosillaRead Replies (2) of 306849
 
I actually started with no money and a couple of high interest credit cards.. A fascinating convergence of different viewpoints and experiences as this bubble unwinds in the internet age. Looking at the perma bears, bubbleheads, appreciation sluts, ivory tower Wall Street types flush with cash, and savy long time RE investors on the ground make their statements all over the net.

I find I agree with none of them these days except the ultra cautious savy long time investor who took the last couple of years off and agrees with me the mania was insane and best to step aside and do other things with your life till real estate made sense again as the best investment out there to financial freedom. But there are few in that camp it seems who just dropped out of the game or relocated to Oklahoma or the rust belt. Most in the game actually became bubble heads themselves without realizing it..
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