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: Patricia Trinchero who wrote (189595)	3/9/2009 2:18:13 PM
From: MulhollandDrive	Read Replies (6) of 306849

pat, that's pretty much the conclusion i'm drawing as well.. recently went to a high end mall (last friday) where saks and neiman were the store anchors... the stores were EMPTY (this on a friday night)....the men's designer suit store was closed at 6 pm and when we tried to leave (thru saks where we entered) the doors were locked at 7 p.m. as well... were the ONLY customers in williams sonoma and pottery barn as well interestingly, the restaurants (2 mid to high priced) were jammed..i'm convinced the last thing people will give up is their friday/saturday night out for dinner....the rationale being 'we've cut down on everything else, let's reward ourselves with dinner' mentality....when the restaurants really roll over i think that will be a signal that the last nail in the consumer coffin is in

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