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

To: KM who wrote (34702)	6/30/2005 11:49:04 AM
From: John Vosilla	Read Replies (2) \| Respond to of 306849

Too many refugees from bubble markets will be going there along the corporations looking for lower cost base and great infrastructure already in place. Oil at high prices for the duration can't hurt either. Add in demographic trends (move to sunbelt, hispanic growth/immigration ect..) and all they need there is a slowdown in new construction which should happen when lending standards tighten and builders get wiped out on the downside. So, IMHO unless we do head into depression the downturn would be mild compared to many bubble markets which will pay for today's excesses for the next decade.