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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (69411)9/24/2007 2:05:49 PM
From: Jim McMannis  Respond to of 116555
 
Could you hurry it up, I want waterfront.



To: patron_anejo_por_favor who wrote (69411)9/24/2007 2:34:28 PM
From: mishedlo  Read Replies (4) | Respond to of 116555
 
Don't Worry All Recessions Are Local
globaleconomicanalysis.blogspot.com
The "All Real Estate Is Local mantra died with a national housing bust so it's time for a new mantra: "All Recessions Are Local". Florida and Michigan are both in recession. California is headed there. Foreclosures are soaring and sentiment is sour everywhere. But which came first: the sour mood or rising foreclosures? The answer is interesting.

Mish



To: patron_anejo_por_favor who wrote (69411)9/24/2007 3:04:00 PM
From: Paul Kern  Respond to of 116555
 
OTOH, ocean front lots in Nevada are a bargain!<G>

Depends on the altitude. We were thinking of some ocean front property near Denver at about 5,000 feet above the current sea level.<BFG>



To: patron_anejo_por_favor who wrote (69411)9/24/2007 4:00:46 PM
From: koan  Respond to of 116555
 
Remember the Permian debacle? If people understood that they might be a bit more concerned about global warming!!

That may take a few more years, but massive flooding is imminent.