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

To: Live2Sail who wrote (106031)	2/21/2008 9:34:54 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 306849

I don't think anybody with Euros is buying Barron park, but I think US citizens with dollars are running scared, and liquidating their portfolios and buying any real estate they can get their hands on in desirable areas, because they feel that all dollar denominated assets will collapse, particularly stocks which is what most people own here. We've got an 8.5 trillion dollar debt and 60 million retiring baby boomers, all of which will be receiving benefits GREATER than the average wage of the 2 people paying into the system to pay for their benefits by 2030. How does that add up, you tell me