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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Fri, 6 May 2005 02:12:03 GMT /

Author of the message: "Stephen Horrillo"

Title of the message:
Re: The Real Estate Bubble

Text of the message:
On  5-May-2005, user@127.0.0.1 wrote:

> As a result of all of the above, money moves much more slowly from
> real estate to stocks than the reverse. And let's not forget that many
> people who are convinced that their home is a gold mine were those who
> thought their high tech stock was a gold mine too, but got stung badly
> when the stock market fell. Getting stung badly a second time is going
> to discourage many of them from playing this game again any time soon,
> and that assumes they can actually afford to sell their homes to begin
> with.
>
> No, the two bubbles are very different. "Air" may go from stocks to
> real estate, but don't expect it to work in reverse.
>
> The moral of this story? If your plans for the future depend on
> selling your home for a lot more than you can get for it today, be
> worried.

Anyone who even uses the word "Bubble" tells me they don't have a clue about



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