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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (68904)4/29/2008 1:51:18 PM
From: Snowshoe  Respond to of 74559
 
My mother was just notified of an 11% increase in her LTC insurance premium...

Study finds increases in nursing home, assisted living costs
news.yahoo.com



To: Elroy Jetson who wrote (68904)4/29/2008 2:19:24 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 74559
 
So Elroy, what's your take about the area along PCH or not your bailiwick ..... say Hermosa area .. lots more to go ?

The Black Swan



To: Elroy Jetson who wrote (68904)4/29/2008 2:23:21 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
So, if house prices drop 90%, rents could come back into normal range by dropping too. That wouldn't necessarily leave people feeling more wealthy as incomes could drop too.

But Helicopter Ben says "No they won't. I will throw bales of bucks out the helicopter doors to prevent prices falling". He has fleets of helicopters already launched and cheques are in the mail.

Mqurice

PS: Looks like the coast is clear over here. No barbarians, no totalitarians.