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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 (57771)7/15/2006 1:23:07 AM
From: John ChenRespond to of 306849
 
John Vosilla, re:" .. those of us who have been in the
industry for 20 years".. hmm .. a real PRO we're talking here.
I can understand her position and agree with her saying:
a soft landing ... drip .. drip .. 20 years. The problem is:
at this price level, only HUGE INFLATION (bigger bubble)
can make it worthwhile to be stucked with a high-rish
life-time loan. It just get to the point of no return (of
investment), if only the flipper/fillthy rich are the only
player left. 'Normal income' can't justify the lofty price,
just can't make it. It's that simple, period, sorry.



To: John Vosilla who wrote (57771)7/15/2006 1:59:53 AM
From: Jim McMannisRespond to of 306849
 
RE:"Those of us who have been in the industry for 20 years or more have seen this before.""

LOL, I've been in this business for more than 25 years and I can say I've never seen anything like this before.


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