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


To: SouthFloridaGuy who wrote (25350)11/21/2004 6:47:59 PM
From: Elroy JetsonRead Replies (2) | Respond to of 306849
 
The "To Let", "For Rent" or "à Louer" signs have been global in the industrialized economies for some time, as a significant percentage of residential purchases have been made by speculators.

The growing sea of "For Sale" signs in the UK and Australia are new. The US should soon follow. If it follows the 1990 model it will happen in Spring 2005 with the new home sales season.

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To: SouthFloridaGuy who wrote (25350)11/23/2004 2:37:06 AM
From: David JonesRead Replies (2) | Respond to of 306849
 
>>>>>>....if the U.K. is the example, then the U.S. housing bubble will burst.....Due to the extent of the boom, the bust will be equal in nature.<<<<<

Appreciation hasn't been equal. In comparison we here in the US are pikers at less than half Britain's and below average for countries listed at the following.

money.cnn.com