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


To: TheStockFairy who wrote (202399)5/15/2009 11:37:23 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
The charade is being carried on with other publicly traded consumer stocks. How many malls, shoe stores, jeans stores, jewelry stores, soap stores, candle stores and cell phone stores do we REALLY need? The King of Prussia mall may have 10-30 of each, if not more

The only thing that keeps these things afloat is debt. Either carried by them or by their customer.