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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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This is my 3rd go around.
This time the bubble was bigger and the deflation will be on a corresponding scale. These things usually take 7 years or so to work out....we are in year 2 now.
Houses are not traditionally looked at as investment vehicles to make money. They are primarily places to live.
Something else is in the air on this one..let us just kall it the Bankrupting of the American Middle Class.
Has anybody checked fuel prices lately which is a reflection of the value of the $.
I am sorry but there will be no return to normal this time . A new normal is taking shape out there and I guarntee that you Boyz are not going to like it.
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"Some Observer"
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