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

To: BWAC who wrote (298820)	12/18/2010 11:27:28 AM
From: posthumousone	Read Replies (1) \| Respond to of 306849

agreed middle and lower class (if people can be categorized into classes based on wealth) are becoming one and the same houses get passed down from generation to generation....that makes not having a great job much easier.....unless of course 4 mortgages were taken out on the house.... i used to be in the camp that said unemployment was realllllly higher than stated. i don't think that anymore. 10 percent will become the new norm. now if it is 10 per with DOW at 7K then and only then will get people to care.