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

To: Jim McMannis who wrote (51613)4/7/2006 9:01:05 PM
From: John VosillaRespond to of 306849
 
"The upside is there are people out there with a ton of money. Takes a while to pare that down."

Now how is that different than the last time around 1989-1990 when things started to unwind? By the time I was out there searching for buried treasure a year or two later it seemed there were few if any folks with deep pockets to buy property. I know that the few heavy hitters left concentrated on the commercial stuff which was real depressed.


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