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

To: Smiling Bob who wrote (56209)1/10/2012 7:08:55 AM
From: Mike Johnston4 Recommendations  Respond to of 119362
 
I feel sorry for all the people that have lived in the 19th century. Toiling in factories, building railroads and canals, building cities, inventing automobile and steamships, settling the West, working the earth.

If they were smart enough to start up a central bank they wouldn't have to bust their asses of like that. They could all get rich riding never ending bubbles. They could work peddling debt or buying and selling houses among each other. Or not work at all and live off forever rising stocks and land prices.

Now wait, didn't John Law had something like this going in France? How long did it last? 5,10 years?



To: Smiling Bob who wrote (56209)1/10/2012 11:52:06 AM
From: John Koligman3 Recommendations  Read Replies (5) | Respond to of 119362
 
As this is a real estate thread perhaps I missed it, but I have not seen any commentary on the pretty impressive rally in the homebuilders over the past two months. Most of them are up big, so there are bets being made on a recovery in that sector, it would appear....

Regards,
John


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