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


To: neolib who wrote (233653)12/18/2009 11:20:49 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'How all this plays out and what impacts it might have for longer term investing interests me'

The sooner folks stop being so obsessed with it and move on the better society will be. Real estate as just a place to live and not a get rich quick scheme or debt slavery trap. Tons of new innovations, people will stay more grounded, the hurt will linger for too many but the passage of time heals wounds. As to the future some combination of prolonged stagflation or a new boom not tied at all to RE or Wall Street finance if interest rates stay low for the decade IMHO.