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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (1708)	5/22/2003 9:43:29 PM
From: UnBelievable	Read Replies (1) \| Respond to of 4912

Why Do They Believe That If The Price Goes Down The Interest Rate Would Be Higher?

To: jrhana who wrote (1708)	5/23/2003 5:16:10 AM
From: zonder	Read Replies (2) \| Respond to of 4912

People I know are generally buying wiht the idea that sooner or later it will go up They are wrong. Try to explain to them that the US housing market is currently blown out of proportion with very high liquidity (i.e. a LOT of $$$ in circulation, growing every day) and very low interest rates. That there was an unreal incentive to borrow, and a lot of that money went to housing, since deposits earned you zip and the stock market was going down the drain. That the house prices in the US have reached record levels. That there is no more penned up demand.