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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (12090)	1/24/2003 1:44:07 PM
From: pogbull	Read Replies (1) \| Respond to of 89467

Not sure what will happen here but, in Japan CRE is down 90% while RRE is ONLY down 75%

To: SGJ who wrote (12090)	1/24/2003 4:50:09 PM
From: Jim Willie CB	Respond to of 89467

US commercial RE is already down, with huge vacancy stress is already there havent thought much about foreign investment in commercial RE residential multifamily RE single family RE I think all US real estate comes down people forget that value is so integrally tied to mortgage paper and the credit bubble is about to give off massive hot gas the entire tech pump bubble was repeated in credit now its time is due for a big bust but the bust will be much more gradual and sustained I dont personally think foreign rescue infusions into USA for real estate will amount to a hill of squatted beans but you got me thinking about the various RE niches always a good thing when you get me thinking actually on Fridays my thoughts turn to skirts and round softness / jim