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


To: Lizzie Tudor who wrote (86914)8/24/2007 11:43:30 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
I wan't referring to CA just SV. If you noticed many areas of your state are already crashing quite hard not too far from you.. Sacramento, central valley, inland empire LA for starters

I have friends in Orlando who thought they were immune a year ago cause they too were special and thought there economy was more diverse than other parts of FL that started crashing sooner..



To: Lizzie Tudor who wrote (86914)8/24/2007 11:50:23 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Lizzie, watch this:

This is why Sir John Templeton says do not buy real estate until it's 90% off. He lived through this time period.

Do I think real estate is going down 90%? No, but i do think those houses around you will end up chopped in half.

youtube.com