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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: CalculatedRisk who wrote (112994)3/26/2008 11:35:48 PM
From: Jurgis BekepurisRead Replies (2) of 306849
 
Actually, I asked a different question which Broken Clock changed. So how about this: what percentage of people PAYING mortgages that are higher than current house price decide to walk away / foreclose? Any idea? Any reliable statistics (not guesses)?
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