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: Drygulch Dan who wrote (92662)	10/23/2007 2:42:35 AM
From: Live2Sail	Read Replies (1) \| Respond to of 306849

That is definitely the case currently. If the stock market gets hurt, we might some weakness at the upper end.

To: Drygulch Dan who wrote (92662)	10/23/2007 7:08:01 AM
From: Dan3	Read Replies (1) \| Respond to of 306849

Re: I think an upscale property market will be less affected by REO resale activity than houses of lower end markets. The flip side is that entry level homes are either bought, or bought then rented out, to persons who "consume" them as necessities. High end homes are fashion statements / luxury goods. If it becomes less fashionable to have a giant house, the bottom of the market can drop out even if economic times are good. If the wealthy start to think that big homes are dumb investments, they can almost whimsically destroy the market for them.