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

To: russwinter who wrote (37302)7/30/2005 9:27:20 AM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
I am willing to bet that if real estate has a 25% drop across the board, we will see what Jay Chen said - TEOTWAWKI



To: russwinter who wrote (37302)7/30/2005 11:40:46 AM
From: Crimson Ghost  Respond to of 110194
 
Makes a big difference how fast home prices drop.

A 25% decline over 5 years would be much less disruptive than a 25% drop over one or two years.

Very little chance of a quick 25% drop except in some of the most overextended bubble markets IMHO


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