Replies

>>Real estate always comes back from any slowdown or recession and goes on to achieve higher levels
Bingo.<

Yep. The stock market does the same. Well, sort of. The "credit inflated" stock market runnup of 1929 reached its "pre-crash" level in the late 1950's. We will see, after it finds bottom, how long it takes this "credit inflated" housing market runnup to reach it's "pre-crash" (or "soft landing", nyuck, nyuck) levels.

It'll be fun! Things are happening so fast, it's like living in a movie!

11 posted on 09/18/2006 9:18:49 AM PDT by RobRoy (Islam is more dangerous to the world now that Naziism was in 1937.)

26 posted on 09/18/2006 10:00:57 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)