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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 (7305)	12/12/2002 5:10:20 PM
From: MulhollandDrive	Respond to of 306849

>>As Betty Tradelite says, "real estate always goes up, just so long as you can ride out those 95% declines in value." "Your rate of return may be pitiful, but when you retire in another 150 years you'll be glad you invested<< lol.. hold on there dood... she's no "betty"

To: Elroy Jetson who wrote (7305)	12/13/2002 5:47:11 AM
From: David Jones	Respond to of 306849

...By the time prices start to firm, new projects built on property bought at distressed prices, create new space further depressing land prices.... Same reason you want to think twice when considering that home with the two hour commute. ...As .... Tradelite says bla bla.... That's just plan silly. Japan has a drop in commercial property value and that equates to residential dropping here in the US or for that matter anywhere. Apples and oranges. Give it a break.