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

To: MoneyPenny who wrote (46984)	1/12/2006 10:24:55 AM
From: John Vosilla	Respond to of 306849

MP this recent boom is perhaps a once in a lifetime or maybe even once in a century phenomena. Most of them also confuse lifestyle with rational sound investment that generates true cash flow and equity in the long run regarding their RE.

To: MoneyPenny who wrote (46984)	1/13/2006 7:32:34 AM
From: shades	Read Replies (1) \| Respond to of 306849

Her mantra, "you can't go wrong with Florida real estate". Did she get stucco? You should do her a favor and buy her some books on the florida real estate crash in the 20's. The marx brothers did a movie parody about it - cocoanuts - some quotes: imdb.com Hammer: Three years ago I came to Florida without a nickel in my pocket. Now I've got a nickel in my pocket. Hammer: Wages? Do you want to be wage slaves? Answer me that! Bellhops: No. Hammer: No, of course not. But what makes wage slaves? Wages! Hammer: Why, it's the most exclusive residential district in Florida. Nobody lives there. Hammer: You can have any kind of a home you want. You can even get stucco. Oh, how you can get stucco.