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

To: Broken_Clock who wrote (171872)12/17/2008 1:19:31 AM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
what kind of school do you have to graduate from to be so utterly stupid as to leverage 4-1 at a point in time when housing has tripled against flat incomes and BET IT ALL ON REAL ESTATE?

this could be a twilight zone episode.



To: Broken_Clock who wrote (171872)12/17/2008 10:03:05 AM
From: MulhollandDriveRespond to of 306849
 
i think that utah and montana and idaho will gain more wealth refugees from CA (more so than LV...which i think will continue to be a hellhole as unemployment rises)....they were paying cash for houses on the NV side of tahoe....realtor said there the high end had a big uptick in cash buyers over the last 6 months



To: Broken_Clock who wrote (171872)12/17/2008 11:57:23 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"That may cause LV to bounce before Cal as folks escape the taxes of Cal and NYC."

Thud

CNBC segment cracked me up yesterday. They were interviewing 2 realtors. Both said $1000/ft2 was a steal in NYC.

What's wrong with this picture? We are bailing Wall Street out?


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