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


To: Smiling Bob who wrote (195414)4/8/2009 3:16:48 PM
From: Skeeter BugRespond to of 306849
 
for those that didn't read an article posted here last night - the current collapse of the market is worse than the great depression because our collapse is not accompanied by massive deflation.

for example, if everything in the economy deflates 50%, a 50% fall in the market means nothing was really lost on a relative basis.