Becalmed is the new "dead"

Started by buster2056

almost 17 years ago

Posts: 866

Member since: Sep 2007

Discussion about

But, I thought the super rich can always afford to pay trophy prices? http://www.nytimes.com/2008/12/21/realestate/21deal1.html?ref=realestate

Response by stevejhx

almost 17 years ago

Posts: 12656

Member since: Feb 2008

Bewitched, bothered, and bewildered.

Supbrime, Alt-A, all this crap was Bernie Madoff writ large. It's collapsed. It will never come back.

Prices will fall back to reality. And reality is, there are no more obscene Wall Street bonuses.

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Response by mutombonyc

almost 17 years ago

Posts: 2468

Member since: Dec 2008

stevejhx i totally agree with you. you are good in my book.

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