Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: deeno who wrote (18618)	3/15/2004 4:02:02 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

Yes, if I had included the costs associated with selling one home and purchasing another it would show an even greater reason for declining inventories of homes for sale as prices rise. Since you suggested a different property tax rate, I re-worked the example to show it wouldn't alter the outcome. Tradelite is wrong when he claims the top of the real estate is accompanied by high inventories of homes for sale. Quite the opposite is true. The top of the real estate market is always marked by extremely small inventories of homes for sale.