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

To: Broken_Clock who wrote (111054)	3/17/2008 2:00:07 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 306849

9,000,000 homes with negative equity at this point. This point being the highest inventory in the history of the US RE market. Wanna p*ss off Asia and Europe? Offer special immigration visas for qualified migrants with money.. Their currency is over 50% in appreciation to the USD.. So reinstitute the policy of "brain drain" and create demand for houses in the US market.. Btw, this is also one of the logical points I've made against deporting 12 million illegal aliens.. Make them legal with work visa (and a fine to go with it for being illegal in the first place) and keep them in their homes. Believe it or not, most alien workers have been very good mortgage borrowers (from previous conversations with mortgage brokers).. They make their payments (usually in cash). We'll just have to get used to have a dozen of them living in each house.. ;0) Hawk