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


To: Les H who wrote (74502)3/22/2007 10:04:19 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
I know where most of those buildings are. Many of the ones by the river have been torn down in the past two years.

Scary part is, those are not the worst of the pictures. Imagine a city block with two houses on it and the rest is foundations and weeds. People are living in those houses. Or picture blocks of houses where there is a burned out shell of a house for every house being lived in. No drug problems there!

Did anyone else get a chunk of the (incredibly) dumb money going into KBH at the open? Easy pickings!! :)



To: Les H who wrote (74502)3/22/2007 10:45:24 AM
From: Les HRead Replies (1) | Respond to of 306849
 
As the Fed Shifts into Neutral, It May End Up Spinning Its Wheels

The outlook for monetary policy hasn't really changed all that much. Notwithstanding the central bank's rhetoric, the financial markets never believed that rate increases were anywhere on the horizon. Indeed, expectations about the course of rates have ebbed and flowed in recent months -- but about the timing of cuts, not the chance of increases.

online.barrons.com