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


To: Travis_Bickle who wrote (49677)3/7/2006 9:34:36 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
"The ripple effect will acerbate the slowdown, which will acerbate the ripple effect, ad infinitum."

That article whistles past the graveyard. It seems our entire economy has really become a house of cards, just waitng for a puff of trouble or some event to shake the table. Too many Americans seem to be living on the edge NOW, in what are touted as good economic times.



To: Travis_Bickle who wrote (49677)3/7/2006 10:11:22 AM
From: John VosillaRespond to of 306849
 
CHCI just great earnings but poor guidance. They do a lot of business in southeast markets that are not in bubble markets. Selling under four times earnings. Per the conference call the secondary market for capital has now dried up and even attempts at land sales have dried up. It couldn't even get a dead cat bounce. Looking grim for the group hence all are today in the red again..

biz.yahoo.com



To: Travis_Bickle who wrote (49677)3/7/2006 12:27:53 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>I don't see how the slowdown can stay modest if it has enormous ripple effects. The ripple effect will acerbate the slowdown, which will acerbate the ripple effect, ad infinitum.<<

Yes, its an extremely vicious cycle due to the exaggerated effect that the home building/peddling industries have on employment. The boulder is only now completing it's first revolution down the slippery slope of hope.....

Put another way, rotation was fastest (ie, housing turnover peaked) just before it all started down the crapper.