The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (91445)	10/5/2007 9:12:12 PM
From: orkrious	Read Replies (2) of 306849

Seriously, can we possibly put off this recession AGAIN? No we can't. But that doesn't mean the market has to go down. If the clownbuck keeps going down plenty of stocks can keep going up. Just ask Zimbabwe. It was living in Michigan that allowed me to ride the homies down. I knew what was happening here was going to happen everywhere in the good ole USA. Michigan is now in a DEPRESSION. There are RE auctions everywhere. Virtually no RE is selling. There may still be a few decent paying jobs here, but they are disappearing. When most kids finish college they leave or accept lower paying jobs. The State is BANKRUPT. The legislators may not know it yet, but the stopgap measure they just passed isn't going to cut it. They actually just raised income taxes and extended the 6% sales tax to many services. That's a way to make things better? UFB. What I'm seeing here is exactly what's headed to the rest of the country. Is it possible the market will rally throughout it? Sure it is. Just be prepared for $20 gas.

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