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: patron_anejo_por_favor who wrote (93276)	10/29/2007 7:47:02 PM
From: Think4Yourself	Read Replies (3) of 306849

I'll take "not in the next 3 months". In the spirit of the thread I predict that the crashing home prices will cut back on consumer spending and energy waste so much that there will soon be an oil glut. The prices will tank and the speculators will be crushed. When my brother in law was visiting a few weeks ago I spent a lot of time turning off lights the kids left on. It was amazing to see how wasteful his family is. At the end he started complaining about how his utility bills were so high and how he needed to find a way to bring them down. Talk about clueless! His family wastes about $30/month in excess lighting alone. They don't even use flourescent bulbs! I have learned my lesson. I kept my mouth shut. You just can't help some people.

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