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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (11445)7/3/2003 12:46:31 AM
From: GraceZRead Replies (1) of 306849
 
In 2002 people converted 96 billion dollars of equity into cash. With the total estimated equity in housing of around 6 trillion, that amounts to a whopping 1.6%.
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