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To: sammaster who wrote (49630)12/20/2000 11:39:44 AM
From: Terry Whitman  Read Replies (2) | Respond to of 436258
 
Well- I wouldn't hold my breath waiting for a 90% drop. In order for that to happen there will have to be mass unemployment, mass bank failures, terrible deflation, etc. Or the Great Depression II, as I said previously.

People MUST have a place to live. They don't have to own stocks. That said- I'm not buying any real estate yet.



To: sammaster who wrote (49630)12/20/2000 2:27:40 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<that is my thinking as i am holding out on buying a new house until this mania is over and people begin to fear debt>>

Good idea, Chic and I have discussed this several times, I even considered selling my place and moving to a rental for a year or so while things shake out....


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