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: XoFruitCake who wrote (148060)	9/19/2008 1:18:46 PM
From: patron_anejo_por_favor	Read Replies (3) of 306849

It worked out great during the 90's primarily because the Soviet Union fell at the same time, we were able to cut defense budgets (the "Peace Dividend") so the fiscal impact of it was vastly minimized. Now we have 1) Ginormous deficits and Federal "off balance sheet obligations" (Medicare/SS) 2) An aging population that will be reticent to eagerly snap up all the excess housing stock compared to the demand for commercial in the 90's as many are downsizing and finally trying to save and 3) the scope of the problem is approximately 20 x larger (plus all the CDS add-on problems). I would caution against using the RTC-1 historical analogy here. This is not yer father's bail out.......

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