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To: d:oug who wrote (3665)3/12/2003 9:45:40 PM
From: d:oug  Respond to of 5423
 
poor english grammar & a logic error in my last post - sorry



To: d:oug who wrote (3665)3/13/2003 12:00:05 AM
From: ubetcha  Read Replies (1) | Respond to of 5423
 
Doug AK,
Just where did you cut and past that response from? Somehow it made to much sense. Between you and Jim Willie CB you may have started on the road to recovery. Good Post.
Terry



To: d:oug who wrote (3665)3/13/2003 9:39:25 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 5423
 
I think if urban RE prices suffer, then entire economy folds
suburbans will suffer also from the severe downturn in consumer spending, which has been kept on life support from REFI's

I dont see any silver lining to a RE pullback
it represents the next to last debt sanctuary for K-Winter to attack and bring to submission

last is USTreasurys

/ jim