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To: ex-Texan; GatorGirl; maryz; afraidfortherepublic; Antoninus; Aquinasfan; livius; goldenstategirl; ..

My eyes glazed over 'bout halfway through this. Anybody with the background and expertise to analyze this and opine for us with less ability?


54 posted on 11/20/2005 6:45:57 PM PST by narses (St Thomas says “lex injusta non obligat”)
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To: narses

"Anybody with the background and expertise to analyze this and opine for us with less ability?"

The author is throwing out every conceivable possibility that could be negative for residential real estate in the US, simultaneously, in order to sell his foreign currency investment programs.


56 posted on 11/20/2005 6:48:55 PM PST by RegulatorCountry
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To: narses
My eyes glazed over 'bout halfway through this. Anybody with the background and expertise to analyze this and opine for us with less ability?

This is the 1000the post in the real estate bubble series by ex-texan. The reality is this is mostly scare-mongering. Real Estate in most areas will be just fine, although some places there will be a fall back. Look for construction to slow down in most areas and some increase in foreclosures as rates go up. For most people there will be very little direct impact. Even those in affected areas the vast majority will just see some of their appreciation disappear. Few people will actually lose money, but we will read about everyone who does.

62 posted on 11/20/2005 6:59:33 PM PST by Always Right
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