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

To: Tradelite who wrote (3699)7/30/2002 3:00:10 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Jim, if you are sure it was the 1997 tax change that caused this "run-up", then to what do you attribute the same type of run-up which occurred about 10 years before that?"

Where are you located?

Here in FL the big run-up came in the 78-82 time frame. Then it leveled, then dove some in 90-91 recession. As you know real estate is local. In the latest case it seems more national and quite a bit more frenzied than I ever remember.

Jim


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