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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Little Joe who wrote (286)7/25/2003 11:53:17 AM
From: LLCF  Read Replies (1) of 110194
 
< But if you read what he says closely, he does not say that real estate prices will fall to 10% of today's prices, but 10% of the high prices.>

So they have a few % less to fall than a year ago, or are you saying they'll only fall "10%"? I think he imply's much worse:

<"After home prices go down to one-tenth of the highest price homeowners paid, then buy.">

DAK
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