Re: Interest rates and housing

[AdmrlLocke]

At other times new money has gone into consumer assets or the stock market or perhaps just particulary types of stocks; why did it all go into real estate this time?

In a message dated 8/18/05 6:36:43 AM, [EMAIL PROTECTED] writes:

I'm not sure about the 18-year cycle, but there are political cycles too, such as the Presidential cycle.  Yet this doesn't line up with 18-years.

 

Regarding why a shift to real estate?  I think because there's a basic belief that real estate is a long lasting store of value.  Other assets tend to be more liquid and follow shorter cycles and cars are less durable.  Or that's my guess.

 

Regards,

 

Dan

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