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

To: Moominoid who wrote (6988)	11/27/2002 5:35:39 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<Sometimes you seem to be saying real estate only goes up. Here you mention the coming bust that I am looking forward to... >> Now that I've checked into SI for the first time in a long time, I'd like to know how you arrived at that conclusion. If you mean that I mean real estate goes up ALL THE TIME...wrong. Does it go up long-term? YES.....give me some history which proves it doesn't. Simple facts apply here....demand vs. supply. Show me where land availability increases long-term in heavily populated areas.

To: Moominoid who wrote (6988)	11/27/2002 6:12:57 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<Sometimes you seem to be saying real estate only goes up. Here you mention the coming bust that I am looking forward to... >> Don't look too hard for that bust...prices may go down for a while, or may stay the same for a while, but listen up..... I just got my second written mailed offer from some real estate investors to BUY my property--not that they've ever seen it. They only have a general idea where it's located. The vultures are out, looking for people who are having trouble affording their homes.....and there's only one reason the vultures want to buy our homes if our luck is down. Guess what that reason is?