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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Poet who wrote (177734)1/18/2009 1:20:46 PM
From: bentwayRead Replies (1) of 306849
 
The absolute horror!

"I began to think about my options: I’d have to sell the cottage in West Palm Beach immediately. I’d need to lay off Yolanda. I could cancel the newspaper subscriptions and read everything online. I only needed a cell phone. I’d have to stop taking taxis. And who could highlight my hair for almost no money? And how hard was it to give yourself a really good pedicure?
Then there is my jewelry. I’ve always collected nice watches and pearls. In the back of my mind I’d think, “Buy good stuff because if you're ever a bag lady, you can sell it.” It might have been a rationalization then—but here I am now: The nightmare may be coming true."
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