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

To: Schnullie who wrote (46306)	12/29/2005 5:50:00 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 306849

"A bubble goes higher and lasts longer than anybody ever dreamed possible. And then they pop." Existing home sales appear to be in the process of popping right now. If the next numbers don't reverse the trend... As for Patron's comments when he started this thread, his timing was pretty good. Anyone ever hear of the 9/11 terrrorist attack? The feds were in the process of tightening in between his post and then. They were forced to reverse course drastically after 9/11, giving money away for years to prop up the economy. That's why the market didn't go down then. All of that free money turned it into the largest housing bubble in history. The fed started removing that free money last year and is continuing to do so.