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


To: Yogizuna who wrote (156198)10/10/2008 12:30:41 PM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
Interesting that the initial 1929 crash was about 47%. 380 to 200. The low this morning put us about 45% off the highs of a year ago.

Pretty close.

It's what comes in the next few years that matter as it did from 1929 to 1932 when the DOW bottomed at 80, like 80% off the top.

One reason more taxes are a concern.