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


To: MoneyPenny who wrote (164895)11/17/2008 9:12:04 AM
From: SnowshoeRead Replies (1) | Respond to of 306849
 
We are not immune in Alaska either. It's still OK now, but the future is looking grim...

1) The falling price of oil is slashing state revenue.
2) Our accustomed federal earmarks are in severe jeopardy.
3) Our Permanent Fund has lost 25% in the meltdown, i.e. ~$10 billion.

-Snow