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


To: Live2Sail who wrote (162840)11/8/2008 9:42:29 AM
From: Box-By-The-Riviera™Read Replies (1) | Respond to of 306849
 
well, if you are used to growing the world using debt, and debt is no longer available.... growth dies.

spx 400 in a world w/o growth.



To: Live2Sail who wrote (162840)11/8/2008 12:36:50 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
but Oddly ECRI is predicting a recovery by mid next year (or in 6 mos). Way too soon imho. ECRI says we are 10 mos into recession already which I agree with.