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

To: shades who wrote (38272)	8/17/2005 1:13:47 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Roughly we have had in the past 100 years some type of major bust in 1907, 1920, 1929, 1972, 1980, 1987, 1990 and 2000. If you take out the impact of 20 years of depression and WWII it comes out to 8 in 80 years. We also had 4 in 18 years after the end of a long period of post depression era conservative behaviour by government and the people. Now we've had only 1 in 15 years and today reckless abandon is at an all time high measured by almost every measure so you would think it is a given we get two major busts in the next decade<g>