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: Jim McMannis who wrote (116577)	4/14/2008 12:15:36 PM
From: ChanceIs	Respond to of 306849

>>>You're gonna see some massive RV graveyards around the country. Like 1973-1974.<<< Nah. They will be spread around - not concentrated. They will be: 1) On Maple Street Anywhere, USA to house a couple of foreclosed suburbanites who want to still keep their kids in good schools. Maybe Hillary can work out a tax credit for buying them and swing a deal with McDonalds to park a few in the back lot. Captive source of business. 2) Maybe in New Orleans. Replace the temporary housing which outgases chloroform. Besides, they can be driven away when/if the next hurricane threatens. (I know the latter was a little unkind and tasteless.. I am still POed about all of the temp housing scams pulled post KatRita.) 3) Maybe moving migrant workers around the country. Better than working at WalMart.

To: Jim McMannis who wrote (116577)	4/14/2008 12:16:25 PM
From: John Vosilla	Respond to of 306849

'massive RV graveyards around the country. Like 1973-1974.' So what was the best investment at the 1974 bottom down here? Those abandoned new condo projects, RV parks or MH parks? Hey if you stayed away from cash or bonds you probably did very well that cycle.. I guess Mish wouldn't agree with that one<g>.. Economic meltdown.. youtube.com