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


To: KM who wrote (46205)12/28/2005 10:55:05 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
So true. But hey on the flip side you never seem to ever like real estate anywhere at almost any price<g>.

I don't know if eternal gloom and doom is any better than eternal myopic optimism.. Best to make the best of opportunities that present themselves. Sort of like scalping the stock market in a way<g>



To: KM who wrote (46205)12/28/2005 11:29:45 AM
From: MicawberRead Replies (2) | Respond to of 306849
 
You're run out of suckers, man. We'll check back with you in a few months...Why don't you try an experiment. List your house for sale at what you think it's "worth" today and see how many people even come look at it.

Might be a cold shower.


If you think this is true, then you should be delighted. Your long awaited crash is happening, right? Come to mama, right?

Instead, all we get is venom and bitterness, much like I hear from others who have missed the boat.



To: KM who wrote (46205)12/30/2005 12:56:14 PM
From: organicgerryRead Replies (2) | Respond to of 306849
 
You misinterpreted my post.

I am bearish on housing. I'm just saying that:

1. Due to severe shortages of buildable land, strong in-migration into the area, and plans of retiring boomers to head this way, I think Naples property values might hold up somewhat better than other areas.

2. Even if prices drop 30% (which seems like the maximum downdraft to me in the absence of a serious recession or depression), that will only erase the gains from the last year or so, no big deal.

We can agree to disagree on this, time will tell.