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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (244596)6/9/2003 12:40:54 PM
From: Ahda  Read Replies (1) of 436258
 
There is a rough estimate that 50% of the growth in our economy can be directly attributed to growth in mortgage/finance industry. To me this is all part of debt extension which has basically been the driving force that has kept our economy moving. Our prime product to me has been debt and problem is there is very little real value.

It is just to scary when I look at prices in CA property.
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