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

To: Tradelite who wrote (1898)2/26/2002 10:46:34 AM
From: GraceZRead Replies (1) | Respond to of 306849
 
(Obviously this person hasn't caught onto the realization that when certain goods and services are in relatively scarce supply, their price goes up ....no matter what other prices happen to be doing at the moment.)

So are you working with a lot of buyers who can't find homes?



To: Tradelite who wrote (1898)2/26/2002 10:58:17 AM
From: J. P.Read Replies (1) | Respond to of 306849
 
""Buyers ARE the market, and whatever they're agreeing to pay--using their own comparative shopping skills and judgment-- IS the market price"

Yes, but it doesn't keep those shoppers from eventually losing money. Just look at Enron (to name one, I can produce a much longer list starting with telecoms), which bagged everybody from JPM down to widows and orphans.


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