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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (25547)12/1/2004 2:19:10 AM
From: Amy JRead Replies (1) of 306849
 
John, RE: "If my math and logic are correct then the other 60% is up to their eyeballs in debt carrying a huge mortgage "

Right. Next question is, how many defaults does it take to bring down the system? 5%, 10%, 20%, 30% ?

Funny how we never see any estimates in print, to assess the stability.

Regards,
Amy J
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