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


To: Jim McMannis who wrote (258987)7/7/2010 1:08:10 PM
From: CalculatedRiskRead Replies (5) | Respond to of 306849
 
You are welcome. <G>

He should have said that in 2005 (when it mattered - and he would have been right). Back then I only thought prices would fall 40% in the bubble areas like Phoenix and Las Vegas - so I was too optimistic!

But another 50%? Not without a meteorite hitting earth - or some other major exogenous event.