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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (378)	8/28/2001 1:03:05 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

My concrete evidence includes my own situation right now, that of my friends, and that of most of the over-50 crowd in my area....plus most of the clients I've worked with over the years. It includes my father, who at 89 is still living a mile from me in the house he bought in 1952 for $14,000 and could sell today for $250K. It includes my deceased father-in-law, whose debt-free home we recently sold in another state for all cash ($220K) in one week. I know a few fiscally irresponsible boomers, but not many. The ones to worry about are the younger folks who start building up debt before they even get out of college.