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 (100207)	1/15/2008 9:26:35 AM
From: ItsAllCyclical	Read Replies (1) of 306849

[edit] Over a long enough time horizon I agree w/his central thesis, but the lesson from the current housing debacle is not the end of suburbia but rather that it's not different this time, structured finance is more risky - not less, and you can't grow your economy solely through consumption. I agree w/many of your pts. I was probably overly optimistic w/a 5-10 year phase in, but if we were truly at war this would be a non-issue. We would get it done while growing the economy at the same time. I think 50-100 years from now historians will still be talking about the only sacrifice we made as a nation post 9/11 was giving up our personal liberties and asked to keep shopping. The era of excess everything, but most energy consumption. They'll be amazed at the resources we squandered on a daily basis.

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