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Politics : Ask Michael Burke
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To: geewiz who wrote (34751)10/29/1998 9:38:00 AM
From: Mike M2  Read Replies (2) of 132070
 
Art, I agree that if possible major purchases should be deferred. I expect real estate prices to fall in the NYC metro area ( at least 20% since that was the decline I witnessed from the 87 crash to the 91 recession)It could easily be worse.-can't speak for the rest of the country. I also expect many slightly used expensive cars to be turned on the market. Cars are more durable than ever make it do wear it out when it breaks do without. Mike
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