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![]() Just joined this board, Great discussion on Real Estate. I am a Futures trader, but have a great explanation of how bubbles form and their stages of growth and retreat at www.futurestradingsecrets.com/bubble.html. Feel free to copy and forward. It is why I have liquidated all my real estate. Liquidated stocks in Spring of 2000 and shorted market based on this principal.
Just wait until interest rates take an up tick. Fed is already crashing the dollar and the interest rate uptick (remember 1976 at 18%?) was needed to bring in foreign investment. Bill McCready Real Estate Bubble |
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