Wednesday, Jun 07, 2006

Sound familiar?

dailyreckoning.co.uk: The end of liquidity

We recall a realtor quoted in the NY TIMES only a year
ago:

"South Florida," he said, "is working off of a totally new economic model than any of us have ever experienced in the past." Explaining how limited supply and unlimited demand would create a situation in which prices rose forever.

Many people thought so. But now it looks as though this economic model was not so different after all.

Posted by TickTock @ 01:00 PM (510 views)
Add Comment
Report Article

3 Comments

1. Wsn03 said...

This is the article that bears most reality to asset prices, surprised there have been no comments, you lot should be doing cartwheels.

Wednesday, June 7, 2006 03:31PM Report Comment
 

2. This comment has been removed as it was found to be in breach of our Blog Policies.

 

3. This comment has been removed as it was found to be in breach of our Blog Policies.

 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies