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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (175763)1/8/2009 10:55:06 AM
From: cougRead Replies (2) of 306849
 
As we sit on the edge of the GREATEST DEPRESSION, the senate leadership grandstands with the APPEARANCE of ethics and the "news rooms" eagerly take the bait.. It's just a stalling tactic for something.. Maybe it buys them more time for stocking their own larders as they know where we are heading.. I don't know..

And this CRE thing is just starting to hit the fan. Take the Macy's closings.. As the big anchors ride out of town, that gives the smaller retailers in many of those malls the right to break their leases, which they can't wait to do.. At least, that's the way I understand it. Talk about ghost malls then which will lead to ghost towns or vice versa.. Which comes first ghost towns or ghost malls. I don't know..

We, US, were just too fat in every aspect of our lives.. It's diet time..

PS:Another fraud just broke according to CNBC...Ho Hum, what else is new..
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