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: Jim McMannis who wrote (142406)	8/22/2008 6:45:56 PM
From: John Vosilla	Read Replies (2) of 306849

Most of these folks had little skin in the 'game'. Everybody else including deep pocketed investor speculators, builders and financial institutions the biggest losers of all. Few still standing. to believe in stocks or RE anymore. Only the commodities and bond bulls remain.. Who will get slaughtered next? Here is what I don't get. Shouldn't those defined as 'wealthy' by McCain or even the super rich have taken a huge hit to net worth by now? Or is all their money in CD's, McDonald's and IBM stock and overpriced Manhattan RE?

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