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


To: Hawkmoon who wrote (110887)3/17/2008 10:18:25 AM
From: MulhollandDriveRespond to of 306849
 
Of course, if you're 100% bearish and have a desire to see (or sincere belief) all residential real-estate in the US be declared worthless, then obviously your perspective is understandable.

lol!

you still just don't get it....

the problem thus far is that NO ONE wants to take their marks until its forced upon them via margin calls a la BSC...

all the stalling that's been going on for months and months is really nothing more than DENIAL

hide, hide, hide....

the loss of confidence is real, and there's a damn good reason for it.....we're still at mark to myth.....

i'm curious....what happens to the ratings of the junk for the 'time out'....do the investments retain their AAA rating?

yeah, we see how well that's been working out