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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (292)11/27/2005 7:17:59 PM
From: JF Quinnelly  Read Replies (3) | Respond to of 621
 
Be patient, O devotee of the Great Taniwha. The Mother of All Housing Busts is just over the horizon. I can see it now, spreading from Australia to the Estados Unidos, not unlike the Bird Flu. Most everyone I know is convinced that housing prices, especially SoCal housing prices, Can Not Go Down. They will reluctantly concede that prices may not go up double-digits every year from now to eternity, but they insist that they will not go down more than 5%.