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


To: Mike Johnston who wrote (79480)6/13/2007 3:28:00 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
'How high do you think Ponzi Men would need to walk the SP500 up for it to cushion the effects of the housing crash?'

Well whatever they are doing it hasn't helped property values in SW Florida and Sacramento from incredible plunges with this probably continuing to spread. I guess time will tell but if anything I think all this nonsense on WS will anger J6P even more. You can't sweep the housing issues under the rug that easily. I guess if Goldman and Co just bought up a million homes and kept em dark for a couple of years it sure would help<g>