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

To: SouthFloridaGuy who wrote (1520)	2/3/2002 11:12:53 AM
From: Tradelite	Read Replies (2) \| Respond to of 306849

NewYorkCity....I'm grinning at your post. Show me a piece of real estate, anywhere that would be sold at zero dollars today. (not saying you can't find one SOMEWHERE, but it will be hard to find.) Meanwhile, I'll show you some formerly high-flying stocks which can't be sold at all, because they are below zero.

To: SouthFloridaGuy who wrote (1520)	2/3/2002 11:44:23 AM
From: JoanP	Read Replies (1) \| Respond to of 306849

I think you are ignoring the psychological aspects of owning a home. Most people buy a home because they want a place of their own, their very own back yard where they can plant flowers and watch them grow and bloom, where they have a feeling of security and of hope for the future. I don't know of any mother who wants to raise her children in an apartment. No way, any day. For me, the desire to raise my family in my own home outweighs any investment risk.