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

To: Chas. who wrote (46115)12/26/2005 11:54:31 AM
From: KMRespond to of 306849
 
I'd say most, not some, will perish. Just like in the bear market in stocks. Flip back to 1999/2000 on the JDSU, Cisco, Yahooo, etc. board right here on SI and see how many posters you recoginze that are still here. Not many.



To: Chas. who wrote (46115)12/26/2005 3:50:25 PM
From: John VosillaRespond to of 306849
 
"The US economy is a huge swinging pendulum and it headed back towards the center with some overswing ... regards"

I wonder what the normal multiple of home prices in say LA versus a rust belt city in decline in Ohio or Michigan is and how much the gap has to narrow to get back to the norm. My guess is a drop in LA of 50% and a doubling in rust belt USA might not even do it..


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