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To: Tommaso who wrote (34569)7/30/2005 11:51:15 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 116555
 
But we have NEVER had a real estate bubble like the current one that is national in scope and based on absurdly low rates and the near total collapse of prudent lending standards.

This is a whole order of magnitide greater than anything we have seem over the past 50 years.