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


To: Tommaso who wrote (98918)1/4/2008 9:54:03 AM
From: Box-By-The-Riviera™Read Replies (1) | Respond to of 306849
 
i would add, when the cost of capital fails to reflect a risk premium, the capital itself is debased.... and leads to ever more risky places to grow it... its an inversely correlated problem. so far, one that is now coming home to roost in spades... and discussed by the usual crowd for the last decade. this year is the anniversary of thai baht btw.

happy new year.