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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Think4Yourself who wrote (53301)	11/10/2005 11:32:44 AM
From: falconflingagain	Read Replies (2) of 206322

Yep....I must be really out of it. I take care of my 91 year old mother, and am selling her home...and was flabbergasted to find that banks loan 100% including closing costs....now I'm no scholar and certainly not a banker, but did the real estate debacle of the 80's penetrate no banks institutional memory ? There is nothing, nada, zero, zip, to keep people from just walking out on the home/loan....when there is no equity interest. Any drop in home costs, recession, whatever, and you won't be able to short this market seqment fast enough.

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