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

To: Tradelite who wrote (21048)5/27/2004 4:24:38 PM
From: Dale BakerRead Replies (1) | Respond to of 306849
 
You wonder if those tycoons have calculated how much higher rates would have to go, coupled with lower property values, to wipe out their equity completely.

Bubble, bubble, bubble....



To: Tradelite who wrote (21048)5/27/2004 5:00:23 PM
From: TraderCRespond to of 306849
 
I am in no way as aggressive as the guy in the article. I prefer building up wealth by finding great bargains and then ride the subsequent appreciation.

San Diego has made a lot people very wealthy in the past 4 years. Riverside County is going to be the next gold mine.


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