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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: FiveFour who wrote (13583)	10/17/2004 4:28:24 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Mish, fwiw, Pulte discounting sales prices by 8% to 10% in San Antonio Texas, todays advertisements. It will not just be Pulte. It will spread. It will spread city by city by city. homebuilder by homebuiler by homebuilder. People seeing house prices decline and interest rates headed high ought to scare the crap out of them. Of course it will be worse in the areas with the biggest appreciation. ====================================================== We've only just begun discounts White lies and promises kickbacks for luck and were on our way deflation has begun etc etc etc Mish