Gunner wrote in message . ..
On Wed, 25 Feb 2004 08:20:46 GMT, "Ed Huntress"
wrote:

"Gunner" wrote in message
.. .

Ed? Comments?

The Fed usually telegraphs coming events IF you pay attention...


http://www.sfgate.com/cgi-bin/articl.../2004/02/24/na
tional1014EST0556.DTL

I didn't follow your link but I've been following the Fed's statements. If I
had anything worth adding I'd be rich, and not wasting my time here. g

Ed Huntress

Is a real estate crash coming in your opinion? Ive talked to several
people in the last couple weeks here in California who seem to think it
is..and they are running scared as they own a number of homes etc for
investments.

Gunner

The two highest achievements of the human mind are the twin concepts of "loyalty" and "duty."
Whenever these twin concepts fall into disrepute -- get out of there fast! You may possibly
save yourself, but it is too late to save that society. It is doomed. " Lazarus Long


No doubt the low interest rates have allowed prices to 'run away`, but
consider the debt and balance of payments situation. Long term, my bet
is the dollar will decline faster than 'real value` invested in real
estate.
Pragmatist.