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

To: John Vosilla who wrote (51605)4/7/2006 2:36:33 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
As far as the length of the boomm...

I think people underestimated the power of te $500k tax break signed by Clinton and the bonehead moves after 9/11 by Greenspan.

Otherwise the move would be much more to historical norms and those now needing a house wouldn't have been put in a possible lose- lose situation.

Of course some Realtors and speculators did pretty good.

Man you should see the MLS listings for Condos around here...



To: John Vosilla who wrote (51605)4/7/2006 2:37:40 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>Patron if this group doesn't hit two year lows within six months they should just flush this board down the toilet for good<<

I agree....that's a "hell" of a portfolio...if it doesn't crash, we should rename this the "Residential Real Estate Permanent Plateau" thread....<G>


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