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Zeke Zeke is online now
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Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,259
Quote:
Originally Posted by Fidalgo911S View Post
Wasn't Wayne spot on about the housing market long before it revealed its ugly head?

I'm not saying anything, just sayin' that's all.
Anyone living in CA could see that coming and it was overdue at that. IMHO, Wayne sold too soon and bought too soon, but he has his own agenda and reasons. I'm sure if I knew the circumstances better, I would agree with his actions. Nevertheless, houses peaked last summer and I predict will bottom out soon. The market should be stable by the beginning of next summer. If not, then we will be in a 1930 type depression.

Cars seem to lag behind the housing trend by a year or 2.
Old 09-05-2008, 03:25 PM
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