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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (80102)6/25/2007 5:16:44 PM
From: Jim McMannisRead Replies (1) of 306849
 
You're right. The current bubble started gathering steam in 1996. Out of a RE slowdown fueled buy a HUGE tax break.
Then Greenslam who was tightening into the dot com bubble reversed course, unleashing the floodgates of easy money. And much more after 9/11. The Boomers, looking for the next bubble (right after the dots had bombed) flocked in like Canadian geese head south and west fulfilling their destiny.
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