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


To: bluepearl who wrote (29160)4/6/2005 1:55:37 PM
From: Drygulch DanRead Replies (1) | Respond to of 306849
 
0% financing! Its the great American way! Relax. Greenspan will be retired soon and will take his worry beads with him. RE will take care of itself. It is not a crapshoot like the stockmarket. There are no professional shorts. Manipulation is not in the hands of a few, and if someone happens to go underwater (figuratively speaking, for the Floridians in the audience) well then, they can just live in it. People who bought with 0% equity as recently as one year ago now have as much as more than 6 figure equity. These young people will work diligently to protect and preserve this perceived newly acquired wealth.