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


To: Elroy Jetson who wrote (23303)8/16/2004 6:24:11 PM
From: NOWRespond to of 306849
 
and with high savings and banks ever forgiving, the pain of this still has never been dealth with...no one ever seems to mention that...as if inflating their way out of that mess is a fait accompli....



To: Elroy Jetson who wrote (23303)8/17/2004 2:04:40 AM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
RE:"Most Japanese who bought their home after 1985 are saddled with a mortgage debt far greater in size than the value of their home."

The difference is that Americans would have walked. Dunno what effect that would have on the curve...