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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (87870)9/1/2007 2:51:32 PM
From: TommasoRead Replies (3) of 306849
 
OT:
>>>3. The guy who doesn't care what anyone thinks, but just knows it's a high quality car, and can afford it.<<<

Anyone who can afford a Mercedes can afford something better, such as a Camry Hybrid, and probably have a good deal of money left over.

Alan Abelson (Barron's) is pretty sarcastic about Bush's plunge into real estate rescue: [snip] "Now that the president, however tentatively, is officially on board, the bailout bandwagon is sure to pick up speed, volume and passengers, particularly with an election year looming. That could mean, as the sharp rise in the price of gold, up over $7 an ounce on Friday, gives fair warning, a rash of fiscal fecklessness, fresh debasement of the dollar and that most unenviable of economic combinations -- no growth and inflation."
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