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


To: mishedlo who wrote (67474)11/29/2006 8:17:46 AM
From: SouthFloridaGuyRespond to of 306849
 
<<"It's different this time" because interest rates are "low". >>

No, it's not different this time, it's really quite the same. Real Interest rates never got high enough to catalyze deleveraging outside of select resdidential housing pockets.

There are pockets of overvaluation despite low interest rates, but not in the most important sectors of the economy - namely corporate balance sheets.



To: mishedlo who wrote (67474)11/29/2006 9:18:34 AM
From: GSTRespond to of 306849
 
<Now I am told that deflation will NEVER happen even as housing is falling apart and the long bond AND housing starts are calling for a recession>

As usual, you make a case for a recession and then equate recession with deflation -- which of course is complete nonsense.



To: mishedlo who wrote (67474)11/29/2006 9:19:46 AM
From: GSTRead Replies (1) | Respond to of 306849
 
<Not many people get it. They think rising prices mean there's inflation>

Wow -- we must all be a pretty confused bunch to believe that inflation refers to prices.