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


To: Elroy Jetson who wrote (81500)5/4/2007 2:59:46 PM
From: yard_man  Respond to of 110194
 
>> call it "Home Owner's Disease". <<

I see that is in quotes -- good -- I mean, it's just a place that I rent from the bank. I can give it back to them anytime I want <g>



To: Elroy Jetson who wrote (81500)5/4/2007 3:53:02 PM
From: CalculatedRisk  Respond to of 110194
 
That isn't my point. The data is false (that 33% of Orange County workers work in RE). The number in real estate is much higher in the Inland Empire and elsewhere than in OC - and nowhere is it close to 33%.

I expect the damage to be significant in OC, but nothing like if 33% of all jobs were RE related.