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

To: MulhollandDrive who wrote (11445)7/2/2003 11:55:04 PM
From: NeekaRespond to of 306849
 
And how much of the mortgage service debt includes personal lines of credit that are tied directly to the property?

M

edit: looks like I opened up a can of worms.



To: MulhollandDrive who wrote (11445)7/3/2003 12:46:31 AM
From: GraceZRead Replies (1) | Respond to of 306849
 
In 2002 people converted 96 billion dollars of equity into cash. With the total estimated equity in housing of around 6 trillion, that amounts to a whopping 1.6%.


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