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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (41900)9/20/2005 2:41:16 PM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<coming out of real estate and into stocks>>>

But WHAT stocks? Smart people who cashed in RE would probably buy energy, international stocks and GOLD.

EDIT: Will POG be spanked tomorrow as it always is after the Feb meeting?



To: Canuck Dave who wrote (41900)9/20/2005 2:42:42 PM
From: benwood  Respond to of 110194
 
I think if the speculators stop buying and simultaneously flood the market with their 2nd and 3rd homes, it will lead to the buyer's market of a generation (or two). And we'll see just how many giant homes and condos are actually necessary, sans speculators. The home builders won't take that lying down, they'll be cutting prices and offering perks to keep from going under. It will be quite something to watch.



To: Canuck Dave who wrote (41900)9/20/2005 4:04:44 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
who will be buying those houses and with what money?

Mish