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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 (31384)5/17/2005 11:19:56 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Downey Savings? I thought they went bust in the S&L crisis...?



To: Elroy Jetson who wrote (31384)5/17/2005 11:27:56 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Responsible lending when many of us in appreciating bubble markets get literally attacked by waves of phone calls, faxes, mailings, emails and not to mention advertisements everywhere you look including half the billboards on the road to continue taking additional cash out for any purpose. I wonder if the hounding is much more subdued in the non bubbily heartland?



To: Elroy Jetson who wrote (31384)5/17/2005 3:02:49 PM
From: Siddhartha GautamaRead Replies (2) | Respond to of 306849
 
Given their huge profit margins, wouldn't the builders keep building, lowering price and selling, undercutting speculators, until all profitability is gone?

If so, will there not be a swift down draft in house prices once the prices stop raising?


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