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

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To: John Vosilla who wrote (61729)5/23/2006 2:03:23 PM
From: Perspective  Read Replies (2) of 110194
 
The problem is that RE prices do tend to be "sticky". It isn't as simple as calling up the broker and saying "get me out". Lots of people will be stuck in homes that they CAN'T get out of due to negative equity. I think the cleansing will take something around ten years or so, just my WAG.

BC
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