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

To: Mick Mørmøny who wrote (44866)	11/19/2005 11:28:27 AM
From: John Vosilla	Respond to of 306849

"But Michonski says that if you're a buyer -- especially a high-end buyer, you should keep this caveat in mind: “You should be a user, not an investor. Expect no price appreciation over the next year to 18 months. Over the next 5 to 7 years, when you sell that home, you're likely to do very well." We need Mish's expectation of record low interest rates plus a strong low inflationary economy and very strong stock market for that to have any chance of happening.