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

To: NOW who wrote (195767)	4/10/2009 10:07:04 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

Now, i agree. i was trying to make the point that valuations have been disconnected from reality and that future risk is no longer being discounted - both traits of bubble buying. i'm not necessarily talking about the big banks, either - there was obviously (in hindsight) a good play there since the government was going to gift them back to life regardless of the cost. but everyone betting the economy will turn on a dime and running valuations up through the roof just aren't thinking straight.