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


To: RealityNotFantasy who wrote (27766)3/4/2005 11:18:35 AM
From: MicawberRead Replies (2) | Respond to of 306849
 
A "homeowner/RE investor" is not the same thing as a mortgagee. A mortgagee is the holder of the mortgage, typically a bank or other financial institution.

You can't expect to persuade someone when you use incorrect terminology. People don't know what you are talking about.

BTW, your argument has merit, although in my opinion it is rather obvious. In a mania, it it always the weakest hands buying at the end.