Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: habitrail who wrote (577)	6/23/2002 11:04:46 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

wow, Bently has awesome imagination, vision, grip of reality it all sounds 90% plausible the only thing I would add is a followup to his real estate and local municipal budget squeeze this is what I mean as the local pinch takes place, property taxes will rise, even as homeowner insurance costs have risen so the cost of home ownership will escalate with prospects looming over higher electricity, higher heating expenses, and for many people higher water costs this will all add up to a massive cost pressure on property owners and will push more properties onto the market after it begins to come off its peak the real estate decline that I see coming will usher in a very very deep recession for 2003 and 2004 but it will be a RECESSION WITH INFLATION thanks for the article time to catch up / jim