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

To: Jim McMannis who wrote (177784)1/18/2009 9:00:19 PM
From: Mike M2Read Replies (1) | Respond to of 306849
 
Pimco's Paul McCulley July 2001 " There is room for the Fed to create a bubble in housing prices, if necessary, to sustain American hedonism. And I think the Fed has the will to do so, even though political correctness would demand that Mr. Greenspan deny any such thing (just like he denied belatedly attacking the NASDAQ bubble). " pimco.com



To: Jim McMannis who wrote (177784)1/19/2009 8:50:07 AM
From: Amelia CarharttRead Replies (1) | Respond to of 306849
 
Well, my point wasn't to prove I don't know much about cars. It was meant to point out how ridiculous the pricing has gotten. People will learn and they will do it themselves because the service people have priced themselves right out of business IMO.


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