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

To: fatty who wrote (3729)	7/31/2002 10:23:08 AM
From: John Chen	Respond to of 306849

fatty,re:"demographics...lie". Other than immigration growth due to the bubble, the US's population is on a steep decline. (EXPERTs predicted that and saw less demand in housing, but the bubble proved they were wrong). Cause: 1. People married much later, like skiping at least 1/4 generation. 2. Cat and dog is more popular than baby (especially own baby, maybe one cannot marry one's blood baby, like Woody can). Still, exclude the blessed 'Boston,SanJose,DC' areas, where 'location,location,location' still works (we'll see if these are exceptions), 'JOB,JOB,JOB' or in the case of those blessed areas: 'high-paying-job,high-paying-job, high-paying-job' will be the scheme of things. Of course, the most important element is: 'money,money,money'. This is taken care of by the Fed in order to keep the 'no-inflation, no wage pressure' pledge. Bubble! Heck, everything is a bubble in USA, especially the EGO. This is worst kind of bubble, that it destroy the human species. Of course, they have better phrase for that, like: 'aggressive, progressive, innovative,....'