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

To: bentway who wrote (14149)10/4/2003 2:19:24 PM
From: TradeliteRead Replies (3) | Respond to of 306849
 
<<Looks like it time to go to the history to re-learn how the people that profited from the Great Depression did so.>>

Good idea.

Problem is, you have to convince people who haven't done much reading on the subject that many folks who survived or profited from the Depression did so by owning and holding onto real estate of one form or another.

That concept won't go over real big on this thread right now. <gg>



To: bentway who wrote (14149)10/5/2003 12:43:59 AM
From: JF QuinnellyRespond to of 306849
 
Looks like it time to go to the history to re-learn how the people that profited from the Great Depression did so.


They owned bonds. Bonds work great during a deflation. I doubt that we will see the sort of monetary deflation that occurred in the 1930s.


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