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

To: Tradelite who wrote (36326)	7/27/2005 12:05:01 AM
From: Mike Johnston	Read Replies (1) \| Respond to of 306849

I also happen to live in an area where you MIGHT think sushi or caviar would be more popular than pizza. Are you saying that the wealthy eat more caviar than pizza ? That is news to me. Not everybody that can afford a Mercedes, drives a Mercedes.

To: Tradelite who wrote (36326)	7/27/2005 1:27:49 AM
From: Mike Johnston	Respond to of 306849

re: <<Tell me how can a pizza operator make more money this year, if his costs are going through the roof but the price of his product stays the same>> This is the funniest post I've seen on this thread after being away and just now looking at posts for the past three days Well, unlike in Washington,DC metropolitan area, the laws of economics apply where i live ( with the exception of the housing market i guess) And i think this subject is serious. Once this bubble pops, the consumption of caviar might register a significant decline, even in northern VA, Washington DC area.