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


To: MSI who wrote (7656)12/30/2002 7:58:51 PM
From: tonyRead Replies (1) | Respond to of 306849
 
>>Extraordinary gov't expenditures will match reduction in tax revenues for 2003 (with something like an $800 Billion deficit!) but if the economy is indeed hollowing out we'll see more declines in employment & personal income until the cheerleading stops working.

This will continue. But I do not see RE crashing next year, as long as interest rate remain low. We will slowly bleed to death.