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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: philv who wrote (2187)11/15/2003 11:16:26 PM
From: J. P.  Read Replies (2) of 110194
 
Have we not reached a permanent plateau in home prices? Who's to say that the advent of derivative hedging hasn't created a higher residential home price level set due to leverage?

I've been looking for a home price drop for some years now, but all I see is 20 percent and more increases, and really don't see any reason for it to falter. Loans are easy, FNM and FRE are made of teflon. They weathered the recent rapid increase in rates with flying colors.
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