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


To: RockyBalboa who wrote (135194)7/20/2008 12:06:04 PM
From: 10K a dayRespond to of 306849
 
> To reduce or prevent moral hazards, basically all outstanding good mortgages should be crammed down by several percentage points, e.g. 8%. <<

Yah. Like that would happen after hell freezes over....not a bad idea and sure beats the ridiculous stimulus package..