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


To: DebtBomb who wrote (265114)7/30/2010 11:06:25 AM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
DOW, i think housing ownership will be called the American Nightmare by those who couldn't control their finances.

i can literally see more than 50% of people with mortgages walking away before this is over - maybe more.

then again, that's after the depression sinks its teeth in deep and starts grinding.



To: DebtBomb who wrote (265114)7/31/2010 2:06:41 PM
From: Pogeu MahoneRespond to of 306849
 
Along with Many Many baby boomers selling both their main house and vaction home and moving to retirerment communities.