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


To: JBTFD who wrote (16134)1/17/2004 6:22:20 PM
From: Elroy JetsonRespond to of 306849
 
That's the point, it's not the supply, it's the price. An endless supply of mortgage money at 22% doesn't mean much.

I see one major factor of the rise in prices from the 80's to now is that interest rates have gone from 15 some percent to 5 some percent. That trend has had a stimulative effect on prices.



To: JBTFD who wrote (16134)1/17/2004 7:39:58 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
MarkAnderson,re:"what will be the stimulus for housing
prices going forward?"..Continue 'offshoring of jobs' so
only good paying jobs stay in US and 'price is no object'
for the well-to-do. It's a win-win-win situation for
the economy.