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


To: GST who wrote (67954)12/4/2006 10:56:07 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
"To the extent that the US dollar is depreciating, US housing values are declining whether or not there is much of a change in US denominated price levels."

If true, this is a relative effect, visible to foreigners but invisible to we poor local schlubs, stuck in our local "frame of reference"!