Quote:
Originally posted by chowda
umm.. the market is fixing itself if anything
ur right tho
house that are worth millions will have less ppl buying which means lowered prices
the lower tomiddle ones are still high
and besides... RE isnt a bubble. bubbles pop and ur left with 0, RE ur left with something
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That's true, you're left with something....but if you BORROWED MORE than the House is worth...you are left with NEGATIVE cash flow.