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Pastimes : Hurricane and Severe Weather Tracking
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To: CalculatedRisk who wrote (11395)2/27/2010 10:20:49 AM
From: SouthFloridaGuy  Read Replies (1) of 25997
 
<<I agree with Buffett's general comments on housing, except I think it might take a little longer to work down the excess housing inventory than Buffett's "a year or so" - I guess it depends on the definition of "so"!>>

I happen to think Buffet is spot on and not because it's EXACTLY what I've been saying.

Perhaps your analysis would have greater efficacy if you broke it down region by region.

Your statement implies that housing in Tulsa, OK is correlated to housing in Riverside, CA.
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