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


To: GraceZ who wrote (16796)2/5/2004 11:59:03 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
I'll bet you can show the homeless people in Japan a thing or two.

They retire shame-faced each night to their chosen cardboard box or bus-shelter.

But you'll be making a pile of Yen on the street corner entertaining passers-by with your harmonica and tambourine.



To: GraceZ who wrote (16796)2/6/2004 1:52:46 AM
From: JBTFDRespond to of 306849
 
Aside from falling asset prices and the fact that they've had a growth rate of less than 2% since 1990 (in spite of spending more than 110 trillion yen in 10 different spending programs in the 90's) and the fact that they have a huge national debt, nothing.

In fact, IMO, they're 10 years ahead of us.



To: GraceZ who wrote (16796)2/6/2004 9:30:08 PM
From: JF QuinnellyRead Replies (1) | Respond to of 306849
 
They also have a very high savings rate, which has helped them survive the last decade. The U.S. won't have the same advantage, and a 10 yr downturn here would be much harder.