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: Live2Sail who wrote (204402)	5/27/2009 10:42:04 AM
From: DebtBomb	Read Replies (1) of 306849

Me thinks your CON rally is over.... 1 in 9 houses in the u.s. now empty? They built 2 million new houses per year for only one million new households per year? They have milked the public dry with a debt bubble. Now, they are milking themselves dry with a bailout bubble and milking the public even more dry with higher taxes as folks lose thier jobs. Demographics are busted....peak baby boomer spending year was 2007....the market top....this is the inverse of everything you've seen since 1982? Real estate, jobs, stocks, auto sales, none of it is coming back IMO. Peak oil has hit....we're going to face zimbabwe or worse, IMO. Ask them if they care. Stocks fall as home inventories increase finance.yahoo.com U.S. MBA Mortgage Applications Index Fell 14 Percent Last Week bloomberg.com Me thinks your CON rally is over....end game coming up IMO.

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