Posted by esmitty on September 16, 2007, 8:08 pm, in reply to "Re: Real Estate is Unique!"
Excellent points, Don.|
Where does that lead from here?
Tightening credit and less available cash would tend to lighten demand, no?
On another hand, cash buyers (which include most Mex real estate buyers) don't feel the tightening supply so acutely.
Do you see the same level of buyer exhuberance you have seen in the recent past?
I don't. But I don't live there and I don't talk to Daniel nearly enough.
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