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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: morokko65 who wrote (254553)6/15/2010 11:58:38 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>Maybe the affluent realize that the low rates window won't be open forever<<

this doesn't make sense. once rates go up, the equity losses in those homes will be *staggering*. the "wealthy" and smart will be buying with rates well above current rates - and pay cash for 25-50% or more off.
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