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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (36377)7/20/2005 10:20:15 AM
From: ild  Read Replies (1) | Respond to of 110194
 
China: Still Boiling in 2Q05

Denise Yam, CFA (Hong Kong) and Andy Xie (Hong Kong)

morganstanley.com



To: ild who wrote (36377)7/20/2005 12:32:45 PM
From: William JH  Respond to of 110194
 
KNX radio on Tuesday had an hour program on real estate where they interviewed brokers from various areas of Southern Cal. I only heard one segment, a broker from Riverside, who said the average selling price her office was handling was $400,000. The newsman asked what they said to people who were looking for something from $250,000 to $300,000. She paused, then said, "Well, they'll have to go farther out, or I've heard that double wides are going for about $200,000".

Those numbers seem preposterous to me, Riverside is not Huntington Beach. BWIDK?



To: ild who wrote (36377)7/20/2005 12:43:31 PM
From: CalculatedRisk  Read Replies (2) | Respond to of 110194
 
OK, in OC the top is in (for transactions). For price it will be few more months.

Check out Greenspan's comments today:
federalreserve.gov

I excerpted the housing comments ...
calculatedrisk.blogspot.com

Can you say "bubble"? ROFLOL.

Best Regards.