On Sun, 18 Sep 2005 18:07:34 +0000, NOYB wrote:


I figure that once the NE slows, we'll soon follow. They'll be a
slowdown, but never a correction. There are too many baby boomers
looking to retire down here. The SW coast of Florida used to be mostly
midwesterners. But the housing prices in the midwest aren't keeping pace
with the prices down here. So we're seeing more buyers from the NE, the
West, and overseas.

You bought your house for the right reasons, as a place to live and
additionally, long term. I don't see you at risk, long term, but geez,
"never a correction." All the warning signs are there. I read somewhere
that speculators are a third of your market. You have people in the
industry openly denying the bubble will burst. Guy, remember "bust" is
part of the "boom and bust" cycle. It ain't an "if", it's a "when".