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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: thestockrider who wrote (24694)8/20/2001 6:17:15 AM
From: Rich1  Read Replies (1) | Respond to of 30051
 
Got to tell you I am in th Housing Business and I do believe there is going to be a burst..
Land that used to go for 50/60 K an acre 3 years ago goes for $160,000..
A market that used to have houses priced from $130 to 180,000 has grown to $220,000 to $300,000.. Lot of this was stock market money..We will see if it holds would be kind of difficult IMHO...