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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (10890)6/1/2003 10:27:21 AM
From: tonyRespond to of 306849
 
absolute principle debt equal to 6 times one's annual disposable income borders on the absurd imo. especially for people who are already in their peak earning years and are unlikely to see a trebling of their income in real terms.


This is real scary with debt 6 times annual salary. I think we will go Japan way eventually.