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

To: J. P. who wrote (156029)10/10/2008 8:39:13 AM
From: Think4YourselfRespond to of 306849
 
"Lots of those people are holding out for 100, 200, 300K or more gains"

They aren't gains for them. They already borrowed the profits and spent them on stuff like big gas guzzling trucks, boats, and snowmobiles.



To: J. P. who wrote (156029)10/10/2008 9:16:21 AM
From: John ChenRead Replies (1) | Respond to of 306849
 
"Not going to get them from me, I work too damn hard for the money.".

But if you buy the house, then you don't have to work so hard
and get $100k, $200k, $300k, ... $1M in no time, thanks to
your caring FED/MAE.

You'll get yours. They get theirs. It's a wonderful world.


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