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: gpowell who wrote (46955)	1/11/2006 2:32:38 PM
From: John Vosilla	Read Replies (1) of 306849

Those graphs could be skewed. There are a ton of well of older house rich people with no debt on their now million dollar homes in coastal bubble markets. That can easily mask the problems of highly leveraged younger people today especially in bubble markets who for the first time in history can't afford to make regular payments on a normal amortizing loan anymore.

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