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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (13498)1/18/2013 3:20:49 PM
From: Augustus Gloop  Respond to of 33421
 
Possibly.

I don't think many wanted to walk away. Not many people buy a house with the intention of defaulting. There were some that made a raw business decision but there were many more that were destroyed by jobs loss, under employment, wealth destruction etc etc



To: robert b furman who wrote (13498)1/18/2013 3:28:43 PM
From: cmg  Respond to of 33421
 
Robert,

My friends and I wonder how resilent the housing market would be if rates reverted to the mean? That might just might start the second leg down.........I don't think we are done yet. Banksters are to greedy, and will want more $$ from B.O.


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