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

To: Elroy Jetson who wrote (59115)	4/22/2006 11:25:23 AM
From: shades	Read Replies (1) \| Respond to of 110194

Regardless of the credentials of your chosen blogger, he does not agree with documented home prices in Los Angeles County during 1927 to 1933 -- when average home prices declined by 55%. Again you make the mistake of trying to define a nation through one county - that is a colossal error and one I am surprised you are making. The broad market is not LA county - tunnelvision Elroy. In preferring to believe a reality-starved theorist, over well documented facts, you're running the risk of being mistaken for a Grace Zaccardi or a Tradelite. No Elroy - you will never get me to believe because your grandma got an 80% haircut at one house in one county at ground zero that the world is ending. The WTC went up in smoke - a few thousand died - for the families in NY that was a major life event - total effect on my day to day life - not much. You just make yourself look more and more silly while you keep harping on LA county prices and I keep saying forests not trees. Most middle class in America wethered the depression just fine - you keep wanting to harp on LA county - go for it - knock yourself out. Doesn't change the FACT that even though grandmas house lost 80% that most in the country did not. Diversification Elroy - do you only have real estate in one county? Even Chen is spreading his eggs.