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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JBTFD who wrote (7268)12/11/2002 9:07:49 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
<<Two things could happen that would guarantee a bad outcome. 1. she cant make the payments and is forclosed upon 2. the value of her house goes down in a major way.

You seem to assume that both of the above are guaranteed.>>

They don't have to be "guaranteed". If there is a reasonable possibility of either occurring (say, a 25% chance (1) or (2)), owning a home is a bad investment for her, period.
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