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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (17750)2/24/2004 9:34:25 AM
From: bentwayRead Replies (2) of 306849
 
Currently the bankruptcy bill vetoed by Clinton has passed the House, will likely pass the Senate and certainly be signed by the President. This sets up lenders as "Snidely Whiplashes", ready to seize assets likes homes and cars formerly off limits in bankruptcies. The auctions arising from these actions will likely depress all prices for assets. Lots of pain to come..
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