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To: Lizzie Tudor who wrote (67648)4/14/2005 4:51:00 PM
From: Amy J  Read Replies (3) | Respond to of 77400
 
I didn't see the IMF figures - do you have a link (thanks).

During a recession, interest rates go down. Housing? Probably stays flat for a decade or two - the febs published a chart on historical California housing bubbles (SF, LA) - it's worth a read.

GV said interest rates peak when the economy starts going down hill (or something like that). I don't think we're quite there yet - Greenspan will probably keep raising rates.

Regards,
Amy J


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