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

To: Jim McMannis who wrote (127752)6/7/2008 1:03:33 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
"LI May home prices fall 10% over '07; Queens down 15%".

Even with 50% down, still no one can afford it by working the
traditional way, not without sub-prime, not without
'privitized profits, socialize liabilites'.



To: Jim McMannis who wrote (127752)6/7/2008 3:53:18 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
Decent starter homes out on LI are now $300k.......the same house in SV is still $800k?

Did you see Ed McMahon with his own foreclosure crisis on Larry King the other night? wow


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