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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (58653)	9/3/2000 11:50:59 AM
From: Haim R. Branisteanu	Respond to of 99985

Les, BIS numbers are misleading pay attention to For commercial real estate, major U.S. cities, as well as Amsterdam, had at least 40 percent increases in that time period, The 9% is incorrect as residential grew more than office buildings in the Major US Cities...... but then again median house prices in drug infested neighborhoods are still low as is housing in some regions of the Appalachian Mountains or Nevada or New Mexico Desert. London had 28% RE inflation last year and now estimated at 14%. Most of England had an average of 18% RE inflation. Another similar to the S&L debacle is on his way but this time it will be pension funds and insurance companies who bought the MBS's Haim