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

To: SouthFloridaGuy who wrote (57708)7/13/2006 11:40:10 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
RE:"I'm not sure there is a comparable period in this country."

Maybe not the whole country but FL in 1926...where the term
"I got some swampland fer' sale" came from.

Still a lot in De'nile down here in FL. Only the discounted stuff is selling though.

RE:"I'm very scared." Of what?



To: SouthFloridaGuy who wrote (57708)7/13/2006 11:43:45 PM
From: Jim McMannisRespond to of 306849
 
RE:"90-92 wasn't nearly as overvalued as today."

Not even close and much of it was commercial.
In So. FL, maybe a 20% correction but if you waited a couple years you weathered it. It will be different this time,


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