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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (17981)	4/10/2002 5:19:59 AM
From: smolejv@gmx.net	Respond to of 74559

>>For a high school drop out, she means that, in average, the owner gets USD34.000 using a house as a collateral. And the average value of this collateral is USD150.000.<< I think it was meant to be read this way - makes the complicated reality and statistics superfluous. However, I still dont know how dangerous (and to whom) the changes in these stakes have become lately. >>At least you can repossess a house<< To get that far, the sky will have to fall down first. On the bank and then possibly on the said house too. dj