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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: damainman who wrote (108159)3/6/2008 11:07:34 AM
From: John ChenRespond to of 306849
 
"the homebuilders seem to last forever". Well, with or without
money, one has to have a shelter.

With mortgage forgiveness the new vehicle ( printing money
seems to make things worse ), everyone should buy as much
house as possible and have the future generations to pay for
it. It's one of those win-win -win-win-win-..., nobody lose
deal.



To: damainman who wrote (108159)3/6/2008 2:40:01 PM
From: PerspectiveRespond to of 306849
 
Excessive leverage will do that to you. Homebuilders aren't leveraged enough for the rapid acceleration of liabilities.

`BC


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