The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (24563)	10/16/2004 2:35:39 PM
From: The Wharf	Read Replies (1) of 306849

The amounts that people put back into their houses in improvements and additions is around 30% higher than what they have collectively pulled out. Equity as a total hasn't shrunk, it rose 6.1% between 2002-2003 alone for a sum total of 8.4 trillion dollars of RE equity in single family residences in the US. >> It is a very frightening figure Grace when you think of apples in one basket and possible decrease of the price of the basket. usatoday.com A USA TODAY analysis found that the nation's hidden debt — Americans' obligation today as taxpayers — is more than five times the $9.5 trillion they owe on mortgages, car loans, credit cards and other personal debt.

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