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: epicure who wrote (35633)	7/19/2005 11:27:43 AM
From: John Vosilla	Read Replies (1) of 306849

More than likely those people will get foreclosed on and their credit will be hurt if they are buying in the frothy markets these days. Since they probably put little down the monetary lost won't be that great. Folks who rode the wave up and now have a ton of equity probably spread over many more leveraged properties stand to lose the most. Easy come easy go I would guess.

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