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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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If you are to gauge the severity of the coming RE recession, I would guess that one has to look at how far out of the norm or how excessive the RE market became.
If this is the case the charts that were presented in an earlier Thread will clearly show how much each area will have to fall to get back into equalibrium. As previousily stated in SOCALs post markets will over shoot both to the upside and the downside of the equation.
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"Some Observer"
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