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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 (40991)	9/8/2005 11:36:54 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

There was a letter to the editor of the Ft Lauderdale paper the other day. The writer was a amazed at how many people were bitching about spending a few more bucks on gas but all thought nothing of signing on the dotted line to buy an overpriced piece of real estate down here that has gone up 3-4 fold since 1999<g>

To: Jim McMannis who wrote (40991)	9/8/2005 12:11:48 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

re: gas prices demand off a cliff Was there a reporter interviewed or an article to substantiate this anywhere? I'm very glad to hear it but it is counter to all that I have read so far... however, the wierd thing is, I know my situation is better than a lot of people as far as disposable income (no toddlers at home, no healthcare expenses etc) and even I am cutting back on gas, nothing extreme but I automatically think about driving somewhere now where I never thought about it before. It is very hard for me to believe that all the working families out there are not concerned in the least with shelling out $80 for a fillup and continue to drive their SUVs.

To: Jim McMannis who wrote (40991)	9/8/2005 2:52:02 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

I just heard on CNBC that since the last little run up in gas prices to over three bucks that gasoline consumption has "dropped of a cliff". Amazing to actually see price increases actually stop someone from buying something i believe it.... i can say i noticed a in diminution volume on a particularly heavily travelled thoroughfare in my immediate area....started about a week ago....usually around lunch hour it is bumper to bumper traffic and now traffic flow seems 'average'