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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (256338)6/23/2010 4:15:42 PM
From: James HuttonRead Replies (1) of 306849
 
So assuming that strategic defaulters give a rat's ass about this and actually don't give the keys back, this would spell the end of the "consumer spending rebound," at least in part.

It's hard not to laugh at Fannie preaching about moral hazard.
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