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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: twmoore who wrote (45400)	1/31/2004 12:31:50 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

twmoore, appreciate the HK experience Message 19753935 , and I believe we may have landed on a ledge, waiting now for the moetary system collapse ;0) J

To: twmoore who wrote (45400)	1/31/2004 1:02:51 PM
From: BubbaFred	Read Replies (2) \| Respond to of 74559

I heard similar declining value of properties (houses, condos, etc) plus greater enticements for renting apartments in Portland Oregon, Denver Colorado, and Seattle Washington. The economies in these three states are not as buoyant nor recovering as nicely as the publicized reports in the news media. In the past 3 years, projections for state economies at the beginning of the year have been much more upbeat than they ended up to be. Wonder why they are so upbeat in January, always, never otherwise. The midyear projections have been more realistic, despite the time windows are always connected from one day to the next, onw week to the next, and so on. Maybe something to do with winter months voodooism impact on these freaky economists. Six nonths ago, a friend of mine bought a condo directly from the owner and saved 15% off the asking price of similar properties in the same complex and neighborhood. Many of those units on sale still haven't sold and the asking prices are now reduced by 10 to 15% but still no buyer.

To: twmoore who wrote (45400)	2/1/2004 12:38:39 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>I am scared.I just sold 4 rental properties.<< meaning, Im scared, so I sold etc? So you should not be scared anymore - except if you still own another dozen or two of the same. Then the question is the quality of your tenants - but that's always been a variable to watch.

To: twmoore who wrote (45400)	2/1/2004 12:58:52 AM
From: elmatador	Read Replies (2) \| Respond to of 74559

Why I am not scare and why people shake the trees for the fruits to fall. the news that excite the market are like shaking a tree so that the fruits fall to the ground and people eat them up. The news shook the tree a little and someone bought your property which is akin to have got the fruits that the tree 2> dropped. Why I am not scared:: AG said: the USD will keep going down, hence we expect to defeat deflation, create a bit of inflation, so we are now contemplating the time we have to raise interest rates. At the same he said: don't tell me I haven't warned you that I was going to raise rates. What AG can't do is to time and dose the increment in interest in a manner (Just look to his record during the bubble) that will further cushions the 'return to the natural size of the US. The real world will prod as AG didn't exist. AG can't fight gravity.