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

To: DebtBomb who wrote (168919)	12/4/2008 8:29:44 AM
From: Bank Holding Company	Read Replies (3) \| Respond to of 306849

The Dollar Will Fall Like A Stone --Peter Schiff youtube.com

To: DebtBomb who wrote (168919)	12/4/2008 8:46:32 AM
From: Paul Kern	Read Replies (1) \| Respond to of 306849

This week....4.5% mortgage hype....sorry....I just have to put them on ignore. Take mortgage rates to 1-2% fixed....then we're talking. Problem 1: There are too many houses. Problem 2: Houses are too expensive vis a vis wages. Problem 3: People are losing their jobs. Problem 4: You can never reinflate the same bubble.

To: DebtBomb who wrote (168919)	12/4/2008 10:47:36 AM
From: tejek	Respond to of 306849

He's insane....another housing bubble, LOL....where would the buyers come from? Mars? We're entering a baby boomer spending wave collapse....78 million of us. There are millions of empty houses sitting all around the country. They had built 2 million new houses per year for years, for only 1 million new households per year. Insane? I am not the one who posts every negative scrap he can find on this country and its economy. Its called obsession. Get some help.

To: DebtBomb who wrote (168919)	12/4/2008 12:38:28 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 306849

the point you make about the demographic literal overhang (which doesn't improve much until 2025) look at the population pyramids: census.gov that 'overhang' of boomers represents selling pressure (let's not forget that large numbers of boomer own multiple homes)..... i guess with the job destruction that is happening, that could be a positive, retirees exiting the work force and creating less job demand pressure... oh wait... that fat overhang is expected to be supported by a smaller demographic , fewer people making less money, supporting a population overhang whose life expectancy just keeps getting better never mind! this site has a dynamic population pyramid for canada...kind of looks like a mushroom cloud forming <ggg> census.gov