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

To: ChrisJP who wrote (18574)	3/13/2004 10:03:53 AM
From: Dave	Respond to of 306849

Hi Chris, I thought I saw the storm clouds several years ago, but I’m seriously questioning my forecasting abilities. I’m beginning to think that it’s just one of those tropical weather systems that sits off the South Florida coast - it looks menacing, gets lots of coverage on the news, but never hits land or does any real damage . I definitely believed that people were living beyond their means, and that this would ultimately cause some economic problems … but I’m beginning to wonder if my perception is distorted, and I’m just living far below my means? Regards, Dave P.S. I’m not wishing for economic devastation - I just used to believe that the economy actually cycled up and down. During the down times, those who were financially responsible would be rewarded, but that does not seem to be the reality of the situation.