The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (265773)	8/2/2010 8:55:39 AM
From: DebtBomb	Read Replies (1) of 306849

"A double-dip recession could happen if home prices, which have begun to stabilize, started falling again, he added. Home prices could stay flat or another wave of foreclosures could trigger more price declines. “It’s touch and go,” GREENSPAN said." You have to be shitting me....1 in 7 houses empty....probably going for 1 in 4....maybe back to a 62% home ownership rate....unemployment skyrocketing....food stamps....unemployment benefits....and poverty....jobs at walmart....and he's not sure if housing will go down? "It's touch and go" OMG. blogs.wsj.com

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