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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (5960)	1/23/2004 12:57:14 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 110194

ild, my only explanation for the low inventory is that we are all stuck in a "nobody can do nothing" scenario. So if employment picks up, as our leaders are telling us repeatedly, then we will explode upward again until something like affordability puts it to an end. On the other hand, if we start losing jobs, the ones who are in too much house would have to sell and inventory would start going up. Would that start a chain reaction? I think everyone is already thinking about bubble, it wouldn't take much to push them over. Once again, I think employment, and quality of employment, is key.