The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (6880)	11/17/2002 9:26:19 AM
From: Wyätt Gwyön	Read Replies (1) of 306849

If this is true:... How can this be true:... this is a valid point. however, there may be some counterintuitive explanation. e.g., there may be other interest earners, such as pension funds, that are attributed to household interest income. or perhaps it is the older segment (65 and older) that earns all the interest. or that the debt held by the -173K cohort (mainly mortgages) is lower-yielding on average than the assets held by the interest earners. or that a large segment of the debtors are not servicing their liabilities. or some combination thereof. i certainly don't have the answer. i think you should ask Roach for an explanation of this. but i would not automatically assume that the -173K net worth figure is wrong, or that one of these apparently contradictory statements is untrue.

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