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


To: Giordano Bruno who wrote (265773)8/2/2010 8:55:39 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
"A double-dip recession could happen if home prices, which have begun to stabilize, started falling again, he added. Home prices could stay flat or another wave of foreclosures could trigger more price declines. “It’s touch and go,” GREENSPAN said."
You have to be shitting me....1 in 7 houses empty....probably going for 1 in 4....maybe back to a 62% home ownership rate....unemployment skyrocketing....food stamps....unemployment benefits....and poverty....jobs at walmart....and he's not sure if housing will go down?
"It's touch and go"
OMG.
blogs.wsj.com



To: Giordano Bruno who wrote (265773)8/2/2010 9:31:05 AM
From: John ChenRespond to of 306849
 
" Pass another $18.1 billion tab to the middle class. "

Much obliged, FED/admin are selectively collecting voters'
recommendations to fix the economy.

awes me.