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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (100825)1/19/2008 10:20:24 AM
From: PerspectiveRead Replies (1) of 306849
 
Those book values aren't even marked to market at today's prices yet, let alone the potential declines ahead when all the foreclosure inventory gets forced onto the market.

Good idea, but still pretty early in the game. Remember all those folks talking about how things wouldn't get too bad as long as employment held up? Well, how much longer do you think that will be the case?

I do think the stocks could get a bump out of pure sector rotation. Money fleeing tech and industrials could play the interest-rate sensitive game. But over the long haul, a reasonable expectation for those that don't go bankrupt might be to retest the prices from the start of the bubble back in 2000.

`BC
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