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


To: Mike Johnston who wrote (54232)2/19/2006 10:50:28 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
If the economy was really booming, we would not be discussing people's needs to borrow money against their homes.

Bingo

Mish



To: Mike Johnston who wrote (54232)2/20/2006 4:01:44 PM
From: GraceZ  Read Replies (3) | Respond to of 110194
 
You guys are the ones that think that people need to borrow against their homes to spend. I've been arguing for a few years now that whatever money that is being borrowed against people's homes is being put right back into their homes either in upgrades or updates.