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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (218156)	1/31/2003 7:37:52 PM
From: Roads End	Respond to of 436258

We went for years in the late 80’s and mid 90’s with housing starts in the 1MM range. All it would take to go back there is a blowup in the derivative machine that is facilitating sub prime lending. I don’t pretend to know much about how those models work beyond the cornerstone of low interest rates & lots of clown buck supply. We got em both now, but we won’t on time frames long enough to support long life cycles of the NCENs and CFCs out there.