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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (86929)8/24/2007 11:58:10 AM
From: Lizzie TudorRead Replies (2) of 306849
 
agreed John but to have a severe recession we need more than Stockton going down. As I told you I was here in the 90 recession and we had properties in SF falling 40% from peak. Thats a recession. Houses going up 1.7% year over year won't cause that widespread decline that this thread thinks is inevitable. It will be a mild recession is all. If even that.
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