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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (242231)3/25/2010 2:07:56 PM
From: BWACRead Replies (2) of 306849
 
Its all good. You think homeowners are walking away now. Just wait til the Fed raises rates and crashes prices even more with a simultaneous increase in payments for interest. When rates go up, the average household goes under deeper. Both in house costs to credit card costs. There will be a second larger round of defaults coming.

Damn clowns. Lets raise some rates and bury some more households in this manic flipping between inflation and deflation fears.

Bankster bonuses all around!
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