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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (951)8/12/2018 2:06:24 AM
From: Elroy Jetson  Respond to of 13801
 
The New York and Los Angeles market have been weak for the past two years.

Real estate prices are cyclical. They always over-shoot, then correct. It's driven by human psychology. The massive excess of the post-9/11 real estate bubble required White House intervention to facilitate and clean-up at taxpayer cost - really stupid policy by a panicked Bush Admin.



To: elmatador who wrote (951)8/13/2018 10:04:15 AM
From: John Vosilla  Respond to of 13801
 
Stunning skyline Seattle. I haven't been there in a decade. Must be lots of hot money China plus NASDAQ 7500/Amazon/Microsoft stock options being exercised recent years now reversing flow..Stupid excesses, financial engineering, money laundering high correlation to coastal liberal areas.. Rest of country is fine for now.. They can't blame Bush for this one however Trump now is going to be the scapegoat from eight years of ZIRP under Obama/Bernanke/Yellen..


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