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

To: John Vosilla who wrote (33340)6/13/2005 12:50:53 PM
From: FrozenZRead Replies (1) | Respond to of 306849
 
>>>>>"..housing prices have reached a permanent high plateau"<<<<

Well haven't they? If you look at it from a 50 year perspective they have unless you think you'll see 2 bedroom houses go for $6,000 again.



To: John Vosilla who wrote (33340)6/13/2005 1:37:58 PM
From: TradeliteRespond to of 306849
 
Have you bought and sold a lot of it during that time?

<<I thought it was a bargain in my state of Florida for much of the 1990's. I still see it as a bargain in many noncoastal markets given the cash flows and low interest rates relative to home prices but this is never discussed on CNBC since the masses are always on the wrong side near the end. So you are right the majority miss the bargains>>>


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