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Ivy Zelman: “Home prices are going back down” « naked capitalism
by Decius at 10:31 am EST, Nov 20, 2009 |
Unemployed people don’t have any money, so they don’t pay mortgages. It’s as simple as that.
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RE: Ivy Zelman: “Home prices are going back down” « naked capitalism
by Hijexx at 2:48 pm EST, Nov 20, 2009 |
Decius wrote: Unemployed people don’t have any money, so they don’t pay mortgages. It’s as simple as that.
http://www.nytimes.com/2009/11/20/business/20limits.html Barney Frank is looking to extend the FHA limit by $100k and make it permanent. Insanity. |
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