Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Chen who wrote (11499)	7/7/2003 8:41:55 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

RE:"When a real estate bubble burst in Texas during the 1980s, prices declined by 10 percent to 20 percent, said Lawrence Yun, a senior economist with the National Association of Realtors" The Dude failed to mention that after they dropped 20% and leveled they dropped another 25%. Rolexes became known as Texas Timexes too. A lot of people just put the keys in the mailbox and left for other places...like the Virgin Islands.