Homestead mailing list

[Clansgian AT wmconnect.com]

> >
> >A drop in value of 25% would wipe out most speculative buyers.
> 
> I've never seen such a drop.

No, there's never been such a drop.  But then again there was never a such a 
rise in gas prices until there was one in late 70's, there was never an 80% 
drop in one section of the stock market in that short a period as ther was a 
few 
years ago,  oil was never over $50 a barrel before ... etc.  

Doesn't mean there won't be.

James