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

To: Tradelite who wrote (32951)6/8/2005 10:13:12 PM
From: SchnullieRead Replies (2) | Respond to of 306849
 
Where did you get the impression that the latest runup in prices (occurring roughly over the past 5-7 years) has never occurred before?

Clearly what was meant was that the rate at which prices have runup in a number of bubble areas is unprecedented. Your house may have doubled and doubled again in price from the 70s through the 90s but the speed at which this is occurring is unique to the last 5 years or so. This should not be a point of controversy.


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