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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 (57844)7/17/2006 2:40:31 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Sounds like a 50% drop even if interest rates remained low and lax underwriting of toxic loans remain in vogue.

But what if rates rise to where they really should be and lending standards go back to normal times?



To: Elroy Jetson who wrote (57844)7/17/2006 1:18:21 PM
From: damainmanRead Replies (3) | Respond to of 306849
 
What happens to all those condo associations and homeowners associations when the bank owns the neighborhood?


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