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

To: Mr. Sunshine who wrote (8879)2/14/2003 12:26:23 AM
From: NOWRespond to of 306849
 
you sure seem sure about that.
lets revisit the issue in 5 years and see what happens.



To: Mr. Sunshine who wrote (8879)2/14/2003 10:22:05 AM
From: Tom MRead Replies (1) | Respond to of 306849
 
Steve/all, don't you think they're going to try to keep things inflated like our lives depend on it? When RE crashes with the current personal, corporate & gov't debt loads, who'll have cash to pick up the pieces? Isn't this how Japan was buying up US properties the last go round? Most will be caught with negative equity, and Japan has been a nation of savers for some time. Deja vu all over again? We're NOT in a good situation.

regards,
Tom


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