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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 (34938)7/6/2005 2:13:20 PM
From: SchnullieRespond to of 306849
 
No, that won't be the top. I think I've come across about 50 signals indicating the top, all of them cutesy (e.g., newspapers carrying real estate seminars, investors dominating the market, etc). One more of these stupid shoeshine boy-stock tip type stories and I'll puke.



To: John Vosilla who wrote (34938)7/6/2005 3:06:11 PM
From: Gotham GuruRead Replies (1) | Respond to of 306849
 
"I was just in Manhattan during the weekend and apparently the first office tower in the World Trade Center area is almost completed and yet is zero percent leased. Pretty soon every office and apartment building without many long term leases in urban bubble markets will convert to condo. That will be the top<g>"

Are you sure you were in the right city? They just approved the designs for the new tower not more than 2 weeks ago.


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