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

To: MulhollandDrive who wrote (3471)7/18/2002 6:12:59 PM
From: Elroy JetsonRespond to of 306849
 
Banks take a drubbing... I think people must be selling their Fannie Mae, home-builder and bank stocks in order to buy more homes at ever higher prices.



To: MulhollandDrive who wrote (3471)7/19/2002 1:20:49 AM
From: MSIRespond to of 306849
 
Prince Alwaleed is further in Citicorp... well, fine.

These royal Arab traitors may repatriate petrodollars to the US investments, that's fewer dollars they have to pay terrorists who kill American citizens.

Meanwhile I'm cancelling all business with Citi. I had forgotten how tied up they were with Alwaleed.

End of rant ...



To: MulhollandDrive who wrote (3471)7/21/2002 5:34:17 PM
From: Elroy JetsonRead Replies (3) | Respond to of 306849
 
But reading the Economist recently, I was reminded that in Japan in the first two years of its bubble breaking, Japanese real estate -- land and property -- went up even as the Japanese market went down 50%. You might think the real-estate market would eventually be affected by animal spirits dropping a bit and consumer confidence coming down.

from Barron's interview July 22nd, 2002
"Living With the Pain" An Interview With Jeremy Grantham


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