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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: russwinter who wrote (17447)12/2/2004 5:48:21 PM
From: SeaViewer  Read Replies (1) of 116555
 
In Bay Area, people are still buying house hands over fist. I don't know when they will be in trouble. My guess is the economic downturn will do it. The lending standard is very low for subprime lenders. But most banks are tightening the standard.
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