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: MulhollandDrive who wrote (110849)	3/17/2008 8:59:43 AM
From: Hawkmoon	Read Replies (2) of 306849

Well.. those watching CNBC this morning probably just heard Steve Forbes' recommendation to call for a 12 month "time out" on "mark to market" so that losses are realized when they actually occur, rather than trying to predict losses in an illiquid market. I think it makes logical sense. After all, predictive analysis requires some basis of precidence to be effective. And without that, it's pretty simple to just continue declaring all of these assets are worthless (when the fact is that the real property backing them up is not, even if Real-Estate values decline 50%). Other Opinions?

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