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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: jrhana who wrote (53576)2/12/2006 1:54:04 PM
From: Jim McMannis  Read Replies (1) of 110194
 
RE:"Many or most real estate holders (including me) will fight like crazy to hold onto what they have. For the majority of the population, it could well be the only sense of security that they have."

Exactly why many wait until it's too late and they are underwater. Also why such speculation in residential is a sad thing in the long run.
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