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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (83041)8/3/2007 8:31:27 AM
From: BWACRead Replies (1) of 306849
 
<Other than the non-bank mortgage companies, which will soon be bankrupt, the builders are the only absolute losers in all of this.>

No they will restructure and recapitalize and go right on in some form.

The loser is, yet again, the middle class working family with 2 kids trying to buy, or sell, or stay in, or move up into a midpriced 4 BR, 3 bath home in a desirable neighborhood. All the wile juggling the ever looming potential of losing their job to outsourcing.
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