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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (84399)8/10/2007 10:23:22 AM
From: Think4YourselfRead Replies (1) of 306849
 
How is your calculator able to predict where sale prices and interest rates are going to be at year end? That's a really neat trick and I would like to get one for my own use! ;)

There is one real interesting side effect of your argument, which I do not necessarily disagree with. Total cost to the buyer (house cost + total interest) stays the same. For the seller, his greed means a hefty chunk of what used to be his proceeds now goes to the bank.

Last one to lower his price... gets reamed.
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