just happened to stumble over this site ... some very interesting financial speculation and analysis to say the least !!!



The first post really nails the financial facts surrounding condos / housing turning into 'snapping alligators' ... i.e. rising interest rates and rising property taxes plus potential buyers / renters being short of cash has turned many properties into losing propositions - as the current owners can't find buyers or renters at prices that will allow them to break even.

The second post is some spectacular speculation re Fed policy and the future of the US dollar and stock markets.