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


To: GraceZ who wrote (11471)7/4/2003 12:14:11 AM
From: ildRead Replies (1) | Respond to of 306849
 
Grace, thanx for the reply.

<<<markets which are way ahead of themselves >>>
Out of $9 trillion RE how much is in those markets?

Do you agree that the leverage has increased in RE?
idorfman.com
Do you agree that lending standards have been very loose, so many marginal people now own RE?

If yes, don't you think that even minor correction in RE prices may cause sharp increase in defaults.

RE activities (construction, selling, financing) have been supporting employment and consumption. It could be a problem if we get slowdown in these activities. Do you agree? Do you see some other activity that may pick up the slack?



To: GraceZ who wrote (11471)7/4/2003 9:28:21 AM
From: John ChenRead Replies (1) | Respond to of 306849
 
Grace,re:"rate rise...RE pain". That's double talk.
Rate lower, Buyer has no benefit, same house, same payment
(?) mortgage-wise, bigger liabilities.
So if rate rise, same house, same payment, lesser
liabilities. Everyone happy.