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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (11413)7/1/2003 2:20:01 PM
From: J. P.Read Replies (1) of 306849
 
Worked great through 13 interest rate cuts. Where are the next 13 rate cuts going to come from? How does the system work through 13 rate increases? What if the price of housing drops and your friends need to sell, is it possible they may have to cough the 36K right back?

Edit: Maybe the fed can start cutting in increments of .1, that way they can ten more times for the last 1%!
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