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Re: lentinman post# 12577

Saturday, 05/28/2005 6:59:06 PM

Saturday, May 28, 2005 6:59:06 PM

Post# of 173813
Real Estate speculation/Easy money from Alan "Bubbles" Greenspan has much to do with it! Have they "repealed" the Boom/Bust Cycle??

From the STUOF board:........

Posted by: Jack Weaks
In reply to: piranhas2 who wrote msg# 2175 Date:5/27/2005 7:20:15 PM
Post #of 2180

I hope that it is as good as what is going on with Real Estate here in Vancouver, WA. The 20 Acres next door were offered to me for $65,000 12 years ago (I passed on it). Three months ago a fellow paid $760,000 dollars for it (I said wow!), yesterday after owning it for 90 days he sold it for $4,000,000 (I craped my pants, excuse the thought). NO Bull in the story, but it sure is bullish…

Have a great weekend!

JW

Rogue

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