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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (37528)1/10/2013 6:05:34 PM
From: grusum  Read Replies (1) | Respond to of 85487
 
the 500k and the zirp both immediately impacted real estate.
ZIRP wasn't legislated, which is what we were talking about. the 500k surely was starting to be utilized right away, but it still took time for the bubble effect to take hold and the reckless loans to go bad.

there was a mass exodus out of stocks and into real estate
i'm not arguing against that.