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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 (243607)4/14/2010 10:01:24 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'Nothing's changed in the economy other than a flood of newly minted dollars pushing up the market which is pushing confidence based on perceived wealth on paper only.'

A transfer of wealth, we avoided depression, banks balance sheets getting stronger, corporate balance sheets and individuals with wealth restructured in a low rate environment.

Too much attention still being payed to those who had no skin in the real estate game and walked from toxic loans...That is irrelevant in the big picture now.. just a game of hide and seek with shadow inventory over the next couple of years IMHO