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

To: Les H who wrote (11336)6/22/2003 3:23:16 PM
From: fattyRead Replies (1) | Respond to of 306849
 
The problem with that article is that it doesn't point out the 'other' possibility: namely interest rate goes up, unemployment goes up and housing price goes down.

Well, perhaps since the war is over, happy days are here again!



To: Les H who wrote (11336)6/22/2003 10:55:30 PM
From: Les HRead Replies (3) | Respond to of 306849
 
Lies, dang lies, and statistics

industryweek.com



To: Les H who wrote (11336)6/23/2003 1:37:35 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
less, this quote says it all..

Drowning in debt: According to the Federal Reserve, mortgage debt jumped 12.4 percent last year and has climbed 9.7 percent annually over the past five years... Low rates have fueled a sharp rise in home prices, which are up 39 percent in the past five years...


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