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: Mick Mørmøny who wrote (58142)	7/21/2006 9:45:58 AM
From: MulhollandDrive	Read Replies (2) of 306849

Bernanke calls Housing Downturn 'Orderly' “As the lifeboats were being launched, many of the first-cabin passengers expressed their preference of staying on the ship. The passengers were constantly being assured that there was no danger, but that as a matter of extra precaution the women and children should be placed in the lifeboats. “Everything was still quiet and orderly when I placed Mrs. Dodge and the boy in the fourth or fifth boat. I believe there were 20 boats lowered away altogether. I did what I could to help in keeping order, as after the sixth or seventh boat was launched the excitement began. sfmuseum.org The panic was in the steerage ******* wait until the undercapitalized with toxic loans are underwater, it will be interesting to revisit bernanke's quote fortunately, those number to seem to represent a relatively small part of the residential real estate market from what i hear

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