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sad but true. I blame a lot of it on the new fangled 'interest only' financing that admittedly got more people into the market, sadly ones who really couldnt afford it and didnt know/didnt understand/werent paying attention to the pitfalls of such a deal.
as far as 'bottom out', Im not sure where the 'bottom' will be on that...although I have doubts prices will fall terribly far. however, I wouldnt mind snagging a nice rental property for myself.
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a clear conscience is a sure sign of a fuzzy memory
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