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

To: Jim McMannis who wrote (37255)	8/8/2005 2:18:56 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Pretty much sums is up Jim. Next wave of cashing in chips plus petrodollars flowing that way equals the bubble of 2008-2012<g>

To: Jim McMannis who wrote (37255)	8/8/2005 2:23:51 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 306849

Jim, you are describing how I argued tax breaks would show up ... people leaving expensive areas and moving to Texas (or moving to smaller units). We might be starting to see some of that now. That should put pressure on the bubble areas.

To: Jim McMannis who wrote (37255)	8/8/2005 3:10:33 PM
From: KM	Read Replies (1) \| Respond to of 306849

Let em come. There are plenty of mullets here ready to sell to them. And I'll make my prediction again. Texas (Dallas particularly) in a housing dump will go down more percentagewise than any of the bubble areas. And why is he an idiot? This is why. Mr. Brazil invested in two more rental homes in nearby cities. He still commutes to California for work, but he says soon he will settle down in Dallas, relying on his investments here to help fund his twilight years.