SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (93956)11/6/2007 11:49:08 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
So you're advocating "walking" if you just 10-20k underwater?
Only if they are smart.
That's hard for a lot of people since they still think a bottom is close and RE always goes up. I'd say they will wait for $100k underwater. Besides, at $10-20k they may still have some assets left and a positive net worth.