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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (149596)9/23/2008 5:11:45 PM
From: Peter VRead Replies (1) of 306849
 
With basic homes in the nicer burbs of LA running $600K - $800K and up, lowering the jumbo back to 417K, and having jumbos run at 9 percent or more, would really crater the market here.

Which would be really nice, since I'm renting.
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