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


To: The Reaper who wrote (184539)2/17/2009 10:36:59 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
i vote for #1

we've already seen this happen....the re-default rate is significant on the existing mortgage workouts....and home prices continue to collapse



To: The Reaper who wrote (184539)2/18/2009 9:02:52 AM
From: Pogeu MahoneRead Replies (1) | Respond to of 306849
 
Because wages are rising so quickly?
lol
you missed the boat..
your home is not going back to old valuations
new lows coming soon

====================
2) The government is going to inflate the likes of which we have never seen before in order to make sure there is equity so the homeowners won't walk en masse.

I vote for #2 occurring almost with a 100% certainty.