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.

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

To: Lizzie Tudor who wrote (5724)	10/1/2002 10:31:33 AM
From: SouthFloridaGuy	Respond to of 306849

From a macro view: I think somewhat more disconcerting this time is that 1990 was a bubble burst in a mild recession in the midst of a bull run that began in the early 80's. We are now entering what many believe to be a Kondratiev Winter - a period of deflation from the prior disinflation. Disinflation=good, very good ; Deflation=bad, very bad... I think property is one of the best investments anybody can have. However, like all assets, the Kondratiev Winter is not a time where one wants to own any assets - stocks, real estate, etc.

To: Lizzie Tudor who wrote (5724)	10/1/2002 12:16:09 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<People thought their homes had made them rich.>> Homes don't necessarily make people rich. They do tend to enrich people's lives, however. It's important to discern the difference. A home just might make one rich if one lives in it long enough to enjoy decades of old age with no house payments, while one deploys other financial assets to achieve some degree of wealth. It might also make a person rich if person moves out of house and rents it to another person, who makes the mortgage payments for the owner, while the owner moves on to bigger and/or better things. There are many ways to play this game.