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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (12652)	1/4/1998 4:54:00 PM
From: kas1	Respond to of 94695

Haim, >80% of the home value a mortgage, the price of your >home is falling the bank reevaluate your mortgage and is in >default on lending proceedure, then they ask you to pay It's been happening in the inner cities -- though for different reasons -- for a long time now. Leads to bankruptcy and crime, both of which lead to higher costs of doing business, higher prices and no one can afford to pay them, which continues the spiral of devaluation... Who knows, maybe it can happen here in suburbia too. BWDIK?