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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GraceZ who wrote (48740)1/4/2006 3:13:41 PM
From: John Vosilla  Read Replies (1) of 110194
 
"The leverage one can employ is still every bit as breathtaking as it was back when my father bought his first house with the help of a generous veteran benefit back in 1952."

Only it has expanded to just about everybody with a pulse and don't forget the I/O and option ARMS that put too many in bubble markets into property they can't really afford. Oddly most that do this are in bubble markets that think they'll be bailed out on the back end by appreciation. Then you have the incredible dynamics available to all in the cheap markets in the heartland where RE opportunities today might be the best of all, few think property will ever go up and using leverage and financing available today will secure your financial future..
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