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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (168728)12/3/2008 3:45:27 PM
From: tejekRead Replies (1) of 306849
 
no way will there be another bubble in housing

Watch. It will be CA's 4th bubble. Californians are old pros at this.....same with NYC buyers. Floridians are learning.

the 'bargain hunters' are just setting us up for the next big wave of defaults

These are investors with deep pockets.....not the lower middle class. They will rent the houses out until the market comes back. Rents are going up in many markets.
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