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


To: X Y Zebra who wrote (40696)9/5/2005 9:23:14 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
you don't seem to be able to accept that re is slowing or am I not reading you right? In CA there is no doubt that RE is declining.



To: X Y Zebra who wrote (40696)9/6/2005 1:32:10 AM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
>>the retiring plans for 79 million people will be altered for good<<

Yes and no....NO wasn't exactly a retirement haven! Florida will take a hit, though....hmmm Tucumcari looking better and better, as is Danville, Phoenix and <gulp>Las Vegas!<G>



To: X Y Zebra who wrote (40696)9/6/2005 12:16:34 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
"what will happen is that the retiring plans for 79 million people will be altered for good... for some, these considerations had not even entered the radar screen... now, the lack of exposure to natural disasters, AND the fiscal responsibility of each locale (scrutiny of state & city governments fiscal performance) will be incredibly important"

Bingo. Funny to see Lizzie arguing with you about California. That isn't going to be the story and neither is Florida, Las Vegas or Phoenix. Property values in overpriced areas and areas exposed to hurricanes and social unrest will take a dive. Many sleeper areas as you say are at the beginning stage of a 20-30 year explosion