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: Think4Yourself who wrote (86147)	8/20/2007 7:52:37 AM
From: Tradelite	Read Replies (2) of 306849

I'd like to respond to that one in more detail, but I'll just say that while you think all those items will be LOWER, I doubt it. Insurance isn't getting cheaper. Property taxes aren't going down as long as government costs are rising. And down payments are being mandatorily increased (as they should be). And why do you and the last poster think mortgage rates are going DOWN "so people can always refi later"? Isn't that what the current crop of foreclosure candidates were told by their friendly, crooked loan brokers? I'm going to try not to respond to any more posts on this topic. We have a bunch of newly-hatched housing bulls here, while I'm being bearish. <<gg>>>

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