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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (105386)2/16/2008 2:52:43 PM
From: Sea OtterRead Replies (1) of 306849
 
I agree with the sentiment. But you're arguing against a tsunami.

Fact is, lots of people are already doing just what this guy proposes. And the numbers are only going to swell IMHO, as the going gets tougher. I don't see any countervailing forces that will change this. Welcome to deadbeat nation.

As to what this will do to our economic future, I couldn't even begin to guess. Although presumably it won't be positive ;}
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