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

To: Jim McMannis who wrote (29894)4/21/2005 12:07:22 AM
From: 10K a dayRead Replies (2) | Respond to of 306849
 
A very smart woman said to me yesterday. "I lived through the depression. And as long as they continue to build. And give the impression that houses are still selling. And in reality everybody is hurting. And business is down. And nobody is going anywhere and doing anything. And buying anything. Because in part, gas prices are so high. As long as they can give the impression that things are still selling. Then they can continue to sell. but once that image is tarnished. It's all over." And she said. "We are in a depression. We have been in a depression. People just don't know it yet."



To: Jim McMannis who wrote (29894)4/21/2005 7:11:18 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Debtors Prison? Heck no! You quit your job, go on the public dole, and wait until you pass the means test for Chapter 7 Bankruptcy. That is what many will probably end up doing.

Consumer Protection Act my A$$! They should have called it what it really is: Creditor Protection Act.


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