good gawd will you guys take a breath. the real estate market in the u.s. and worldwide has been on a drunken binge the last five years. did 40pct annual appreciation ever seem crazy to you? now that many of those fraudulant loans from the sub-prime market are falling through there will be some price adjustment. meantime investors have abandoned real esate and are buying commodities i.e. oil because the other investment alternatives like bonds have rates that are unattractive. you guys think those with money will buy up all the guns? heck they're going to buy real estate, as soon as it bottoms, because it will be a great opporunity. guns are like candy to the very rich. what's 100k to them? meantime they'll be picking up mothballed housing developments for pennies on the dollar.
