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

To: Elroy Jetson who wrote (5455)	9/19/2002 2:21:29 PM
From: yard_man	Respond to of 306849

I wouldn't expect any less -- the tech bubble went on a full 2 years longer than the companies were showing any REAL profit growth

To: Elroy Jetson who wrote (5455)	9/19/2002 4:29:48 PM
From: patron_anejo_por_favor	Respond to of 306849

The NAHB's chief economist was on BubbleVision this morning...seemed a bit concerned about the housing starts number. Tried to blame it on the weather, and Ted David cut him off at the knees, saying "every time there's a weak number, you guys blame it on the weather!" A rare moment of clarity for CNBC! (Although Ted is better than pretty much everyone else over there). Nonetheless, Ted asked him if he though residential real estate was in a bubble and the dude toed the party line and said "not a chance" or somesuch.