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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (79139)	2/19/2007 6:12:48 PM
From: John Vosilla	Read Replies (2) \| Respond to of 110194

Yes many who gleefully made a killing from the bubble and is locked in at 5% debt today he is sitting pretty. However everybody else isn't, the next generation can't really afford property at even fixed rates under 6%, the bubble puts many markets at a competitive disadvantage for attracting and retaining real business in the future and RE taxes and spending that added revenue is now out of control putting a fork in economic growth. Just a new set of winners and losers IMHO..