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


To: GraceZ who wrote (28886)3/29/2005 1:50:51 PM
From: John VosillaRespond to of 306849
 
This boom is so much more widespread and effects the daily lives of most in today's coastal bubble markets. I bet 10 or 20 years ago no one did cash out refi using their home as an ATM to keep up with the Jones's or buy much bigger and expensive homes than they could really afford under the assumption this was their ticket to becoming rich. Easy come easy go when all your chips are placed in a mania.