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: MSI who wrote (7925)	1/6/2003 6:08:50 PM
From: Jim McMannis	Read Replies (2) of 306849

RE:"There you go -- add "penalites" to usurious rates of interest, plus refusal to allow any but the most punative form of payment (no scheduled paydown, total immediate payment or nothing, providing maximum chance for forfeiture)" Same twerps that are working for the credit card companies. 1% passbook savings vs 18% interest on credit cards and property taxes. What's wrong with this picture? This is looking more and more like the 1930's. More property forfeitures and bankruptcies on the way? Jim

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