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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: SeaViewer who wrote (50126)1/18/2006 1:00:51 PM
From: John Vosilla  Respond to of 110194
 
Biggest price bust IMHO is where they built the most unneeded high end condos and condo hotels. Will be much worse in SD,Vegas and Florida than Bay Area as most controlled by speculators or are 2nd/3rd homes with no real market to rent and cover all expenses sometimes even without a mortgage. Nominal drop should easily be 60-70%