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


To: SouthFloridaGuy who wrote (243741)4/14/2010 9:22:41 PM
From: John VosillaRespond to of 306849
 
'At the end of the day, these "bubbles" are a transfer of wealth to those who pay attention (us) to those who don't (the rest).'

Still mind boggling how many remain so negative..I won't even get into the tea party or FOX news or clowns like Kudlow and Laffer all on the same page with many many others. Whatever happens in NYC and other gateway cities throughout the world is of great interest to me as Florida will no doubt go along for the ride. We are just way too inexpensive now compared to the currency buying power in many other places or too replacement cost or just cash flow or IRR with modest assumptions. I see a tremendous amount of liquidity being transfered to the ground zero bust markets as it should be but I am not rooting for any repeat of a bubble just some stability then modest appreciation in coming years which is most fun for me and best for society as a whole..



To: SouthFloridaGuy who wrote (243741)7/23/2010 3:57:34 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
So have you now moved to 'paradise' since then? Best of luck. I am a half hour south of McMannis. Stay away from the high end a few more years unless you want to live in one for a long time and get those low 4% fixed rate loans...