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

To: damainman who wrote (37385)	8/9/2005 12:34:35 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

If we all sell our houses, who's buying?

To: damainman who wrote (37385)	8/9/2005 12:41:19 PM
From: shades	Respond to of 306849

Today on Cspan = www.cspan.org for live web feed. Possible National Housing Bubble Bloomberg Television National Press Club, Newsmaker Washington, District of Columbia (United States) ID: 188402 - 08/09/2005 - 1:00 - No Sale Silvia, John, Economist, Kemper Financial Companies Baker, Dean, Co-Director, Center for Economic and Policy Research Duncan, Douglas, Chief Economist, Mortgage Bankers Association of America Participants talk about the future of U.S. housing markets in light of recent expansion within the housing industry, speculation, as well as increased housing prices and speculation. They also address fears that the market would soon suffer from a collapse of a housing “bubble,” the potential impact of more liberal lending practices, and the state of the economy.

To: damainman who wrote (37385)	8/9/2005 12:43:30 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

It is amazing even he is clueless as the huge oversupply and rampant speculation going on in certain property types in various markets. He seemed to stress how tight the markets are and how such high appreciation is not healthy. Monetary policy targeted just to cool off the tight RE markets at the expense of the rest of the economy is a ticket to disaster.