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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (18368)9/3/2004 3:30:05 PM
From: ild  Read Replies (3) | Respond to of 110194
 
So, how do you see all this unfolding?

IMO it's important what will happen next Spring. If the prices stay put we will finally have YOY decrease in prices. Also there is a lot of speculation in RE. If specs decide to sell then RE will definitely stop going up.
Fundamental picture: interest rates going up, personal income stagnant, high inflation in consumables. But at the same time not all buyers yet use interest only adjustable loans.