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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 (247847)	5/12/2010 10:43:35 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

It's the American dream....buy an overpriced $hitbox, max out yer cash out HELOC, then default and stick it to the bank. Makes me wanna sing Merka the Beautiful.....

To: Jim McMannis who wrote (247847)	5/12/2010 10:31:53 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'The nation's second-biggest bank is warning investors that underwater homeowners may walk away from their mortgages' This is certainly not anything new especially in Florida given how far and fast prices fell.. We've been at this debt cleansing thing for a good three years with a couple more to go.. Damn housing prices do seem to be quite high in many parts of the world again with this reflation bubble though the good news it gives perma bears one more chance to redeem themselves. Don't screw it up this time.... Yeah screw those shitboxes at any price and the wife will kick you guys out for good and you'll have to live in that van by the river next to Chris Farley's ghost if that SRS doesn't pan out...hopers and dreamers in the casino live on as long as they still have chips to play with..