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

To: John Vosilla who wrote (36658)	7/23/2005 1:47:19 PM
From: shades	Respond to of 110194

Unlike 50 years ago where the wealth was in the hands of the working young, it seems the retiring old have the wealth now - areas that cater to them and thier retirement needs will do better. It seems florida will be the last to crash, denver has been hit hard, the baby boom retirees shoring up fair weather homes and condos for thier retirement makes coastal florida and cali different from the other housing areas of the USA no? They want to get in on the cheap long term rates before the fed really ratchets things up. Cali is so much more expensive than florida and the weather is not that much better eh? I know a lot of foreign investors from europe have come to buy in florida - I don't know if that is true for other hot housing areas. I saw a lot of condo's going up by city place - I like visiting, but I wouldn't want to live right there.