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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (29981)4/4/2005 11:08:19 AM
From: mishedlo  Respond to of 110194
 
well done - Mish



To: CalculatedRisk who wrote (29981)4/4/2005 11:35:49 AM
From: Crimson Ghost  Read Replies (4) | Respond to of 110194
 
One question.

If speculators and flippers do indeed account for a quarter of home sales in bubble markets -- might not prices drop much faster than in past real estate cycles when push comes to shove?



To: CalculatedRisk who wrote (29981)4/5/2005 1:30:48 AM
From: Proud Deplorable  Respond to of 110194
 
"If you can fog a mirror, you can get a home loan," said mortgage analyst Ralph DeFranco."

From the LA Times article

too funny


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