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


To: SouthFloridaGuy who wrote (75225)4/2/2007 8:38:13 AM
From: maceng2Read Replies (1) | Respond to of 306849
 
The troubles in real-estate are STIMULATIVE

Interesting point, but if prices rise enough, without any of the underlying problems being solved, everyone becomes a "SHITTY BORROWER" in your own words. i.e. the guys who are doing well, and actually have cash to spend, become an ever smaller percentage of the population.

Rule of thumb observation: The more insults a guys throws, usually the more wrong a guy is. Double down if a guys starts saying "you are all wrong"



To: SouthFloridaGuy who wrote (75225)4/2/2007 10:39:35 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'You're better off buying a house today than 2 years ago, this is a fact from a valuation perspective.'

Certainly that is true in Palm Bay, Fl. Amazing price drop and interest rates today are still a bargain..

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