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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Pogeu Mahone who wrote (127833)6/9/2008 3:09:15 PM
From: Lizzie TudorRead Replies (2) of 306849
 
You may find this hard to believe but I think there is a 45% chance (or thereabouts) that you are correct. I tried to protect myself, buying a super-cheapie at 2001 prices with a large lot. Obviously there are others out there with the same mindset as I have because this place had 8 offers. Its not like every house out here has 8 offers thats for sure (although RE here is stronger than most anywhere currently- but that is not saying much).

I have a fear that retiring baby boomers are going to crash the treasury and I am trying to protect against the dollar getting cut in half -twice- again.
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