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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Broken_Clock who wrote (91276)10/3/2007 4:22:30 PM
From: Elroy JetsonRead Replies (1) of 306849
 
What Tradelite said was if you had purchased a home in Washington DC during earlier times, say 1825, it would be worth more paper dollars today than it was then.

Of course you'd also be quite dead.

And of course there's no guarantee that those paper dollars could purchase more than they did in 1825.

Tradelite, aka Johnny One-Note, urged quite a number of people to purchase real estate at the top of the bubble - because a commission is a commission.

Of course he didn't do so himself, but that's par for the course with hypocrites.
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