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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: AuBug who wrote (41930)8/27/2005 2:13:28 PM
From: sea_biscuit  Read Replies (1) | Respond to of 93284
 
The market will tank. It is only a question of whether it will be this year or next year. Real estate has already stopped rising and houses on sale are staying on the market longer and longer.

Once the real estate bubble stops inflating (let alone deflate), consumer spending fueled by home-equity loans (people using their homes as if they were ATMs) will come to a halt. And then, look out below!