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


To: BWAC who wrote (29446)4/12/2005 10:37:29 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
I have a theory that HD and LOW should both do well, even in the coming real estate downturn

If people have no equity in their properties and are not feeling good about things they will not be spending big dollars for repairs and maintenance. In today's climate it seems all major remodeling and upgrades are being done through the use of homes as ATM's and I doubt these revenues will be replaced for a very long time.