Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (37260)	9/15/2005 2:47:55 PM
From: John Vosilla	Respond to of 116555

There weren't any highly leveraged speculators in real estate in the 90's. And those of us starting out that borrowed like crazy bought stuff at very distressed prices unlike today's new age moguls<g> I've also heard from several sources that the percentage of folks under 30 betting on preconstruction condos to pay off for them is way over 50% of the total. On the flip side it seems most people of significant net worth had a mix of both back then and still do today.