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


To: Knighty Tin who wrote (24572)1/13/2005 1:12:10 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
<Lower property taxes would definitely be good for Texas real estate prices, which looks like they are ready to topple at any moment>

What makes you say that? Record foreclosures in Dallas might tell me we are already down and closer to a bottom? Interesting times as the divergence between Texas and the bubble coastal markets has never been this great. Jim Rogers in his new book expects resource based midwest markets to do well the next cycle while the coastal financial services based markets tumble. Perhaps we have a nationwide debt cleansing first?