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

To: Ali Chen who wrote (17332)	2/14/2004 10:38:19 PM
From: John Chen	Read Replies (1) \| Respond to of 306849

Ali,re:"what is the goal?". There is no goal. Just present a 'real picture' that even in a HOT market, people do lose their home if over-extended, bad luck. Wait until the offshoring in full stream and a complete industry is 'snow balled, erased out' then we'll know if there is any goal in the report. I do have a very reliable signal that the real-estate has TOPPED. How bad this time around, well, that depend what kind of trick Alan Greenspan can pull out, or what kind of financial gimmick the country/treasaury department can invent. So far, it has been very capable of creating a asset bubble.