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


To: MulhollandDrive who wrote (11547)7/9/2003 7:21:56 PM
From: Don GreenRespond to of 306849
 
Betty

"rolling debt over into yet another a depreciating "asset" loan. unbelievable."

Before too long, all assets may be depreciating and there will no longer be an out.



To: MulhollandDrive who wrote (11547)7/10/2003 8:45:58 AM
From: GraceZRespond to of 306849
 
This kind of thing has been going on since the 1970s. There's a book I read years ago called "Don't get taken every time" about car buying, written by an ex-car dealer and he writes about people who have their negative equity rolled into the new car loan two or three times in a row.