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: orkrious who wrote (27940)	3/9/2005 7:07:59 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

LOL, if he's gonna publish installments of the "Mania Chronicles, pt II" I may have to subscribe again. That was the best stuff on the web when the Bubble first popped (and was right here on SI). Perfect example of what LEND, NEW (and ultimately FNM and the American taxpayor/bagholder) are up against: "No. If the interest rates go up, or if housing prices go down, I don't lose anything. I'll just stop making payments and turn the house back over to the bank. It cost me nothing to get in the house, and I can walk away with only a ding on my credit report" Be afraid....be VERY afraid!<NFG>

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