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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (16022)	1/4/2007 10:21:54 AM
From: Peter Dierks	Read Replies (2) of 71588

I also pointed out that any gains in home values are magnified for the home owner due to leverage. This also implies that losses in home values will have a magnified impact on highly leveraged home "owners". This could wipe out virtually the entire asset base for a significant portion of Americans if real estate prices rebalance.

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