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

To: KyrosL who wrote (87291)	8/27/2007 10:10:44 PM
From: Lizzie Tudor	Respond to of 306849

thanks

To: KyrosL who wrote (87291)	8/27/2007 11:43:10 PM
From: John Vosilla	Respond to of 306849

'Inflation-adjusted house prices in Florida had been in crash mode for well over ten years before the current bubble started.' Condos were much worse than single family. You were upside down for over well over a decade if you bought in the early to mid 80's. Single family in built out land constrained hoods actually appreciated at a modest rate much of the time. A common denominator always seems to be excess new supply in a mania hinders any chance at appreciation for the entire next cycle..