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

To: damainman who wrote (67409)	11/28/2006 4:06:05 PM
From: Travis_Bickle	Respond to of 306849

In Florida a large part of the demand was by speculators, I doubt that demand is still out there, particularly with respect to condos.

To: damainman who wrote (67409)	11/28/2006 4:06:37 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<The contention has always seemed to be whether buys were 1) able to buy, 2) able to keep their homes.>> There will always be dumb folks who dive in over their heads in a burst of exuberance. Smarter people bide their time, kick the tires, weigh their options.......There have always been dumb people who lose money on real estate, alleged bubbles notwithstanding. Demographics in this country argue for continued housing demand--from both the smart and the dumb. My opinion, only.