SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommaso who wrote (87656)10/14/2007 12:55:48 AM
From: arun gera   of 110194
 
What about the assumption by the markets that the collateral for US housing is what it is. If the average housing price falls by 20 percent ($40,000), the loss in the underlying value of the collateral is $40,000*150 million houses= 6 trillion dollars. Now you are talking real money.

-Arun
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext