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

To: russwinter who wrote (25337)1/26/2005 10:01:17 AM
From: Crimson Ghost  Read Replies (4) | Respond to of 110194
 
i recall near the peak of the Japanese real estate bubble around 1990, people were quoting figures that total Tokyo real estate "values' exceeded all of California or some such absurd figure.

I suspect that today total California real estate might be "worth" more than all of Japan

.



To: russwinter who wrote (25337)1/26/2005 10:14:30 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
At the same time, the company is limited in its ability to further raise prices to make up for the higher costs, Steven McMillan, chairman and chief executive, said in a conference call with analysts.

Same story everywhere but the high end bully stuff.
Walmart tried to raise prices and could not either.

Mish


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