Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Vosilla who wrote (306588)	10/2/2011 2:10:49 PM
From: Mike Johnston	Read Replies (1) \| Respond to of 306849

Places like Palm Beach could only go down significantly if there is a societal collapse, massive crime wave and security issues, making US unattractive or maybe even a dangerous location for rich foreigners to invest their cash or get a second home. I just don't see it is going to happen unless there is a huge-beyond-belief deflationary collapse. As bad as it could get in US it is still way above the rest of the world. Look for example in Brazil, even tiny houses there have bars on the windows and doors and even moderate by US standards middle class houses have 10-foot walls all around them with barbed wire and electric fence on top. i.imgur.com

To: John Vosilla who wrote (306588)	10/2/2011 2:32:08 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Hey I just bought an adjoining parcel now have half interest in almost 120 acres of future commercial land use next to a large industrial park just off two Turnpike interchanges.." Oh no, not that parcel up in YeeHaw junction?