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Old 01-25-2005, 12:58 AM
laserboy laserboy is offline
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Join Date: Jun 2004
Posts: 22
Default Re: (Quick) Question, Pls Rspnd if you\'re watching the forum....

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Since this is going on with real-estate right now (leverage, refinancing, more buying, more refinancing, and so on and upward), does this mean we are setting up for a 1929 in the real estate market?


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Regarding the real estate market - Yes.

Regarding speculative bubbles and the use of leverage - I recommend Irrational Exuberance by Robert Schiller.
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