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

To: Chas. who wrote (46102)	12/26/2005 10:48:12 AM
From: Bonefish	Read Replies (1) \| Respond to of 306849

You crack me up. You actually think it was you that made it? Things triple in a few years for a reason. Not because you are smart, although those that benefited think they are. Only this time it was something basic to the fabric of the country. Not some stock you took a chance on. Too much of the, "screw you, I made it...not you go live in the street", mentality... What are you doing, sitting down in the keys putting out lobster traps while the real estate went up?

To: Chas. who wrote (46102)	12/26/2005 11:10:50 AM
From: Crony	Respond to of 306849

This is just one side and it is correct. I don't mind if someone made millions flipping RE. What I DO mind is that this is win/win situation for such flippers. And because it is win/win for them, someone else is going to lose. And all of us will lose. I am not against the flippers, I am against the system which allow them or the banks to escape almost unscratched if RE goes down. This is not an American way when one person is gambling and if he loses all others have to pay his debts.