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

To: Tommaso who wrote (57153)	3/30/2006 12:48:20 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

True but I think he was referring to US 1987 and Argentina 2000.. But going back to the depression everything I've read says RE where most people of means lived was the big cities in the northeast that crashed soon after the stock market crash. Mansions on the north shore of LI, summer homes in Newport and the skyscrapers of Manhattan were at their peak in 1929.. FL was just a little hole in the wall back then. I read somewhere that Beverly Hills held up very well during the depression which makes sense given the growth in the entertainment industry going on..