Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Qualified Opinion who wrote (77837)	5/18/2007 6:35:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

well, I don't know. Maybe somebody here has specifics but there is a survivor bias in these indices in a major way. There used to be about half the listed companies in the Nasdaq in 2002 as there was at the peak which was in the late 90s. In 2002 the listed companies in the nasdaq was at the same level as 1982. I don't know if anybody tracks this in any way but the total market capitalization in the 90s was significantly more than today, even with indices at the same level. In california a dumpy bungalow is now $1 million. 150K of these "estate homes" is now equal to the market capitalization of Cisco, one of the largest companies in the world (and there are very few companies of Cisco's size in the world). There are 7 million people in the bay area alone- where's the bubble? Not in stocks, imho.