Have the Terrorists Won

[LivinLOS]

Originally Posted by JayBee

I think you are overanalyzing a bit. If real estate values fell 50% from peak, then people's housing costs would be 50% less. With their inflated paychecks, they would then have loads of money for consumer spending.

Only new borrowers..

How many 0 debt people do you know..

[JayBee]

Originally Posted by LivinLOS

Only new borrowers..

How many 0 debt people do you know..

As I then went on to say, it is really not that simple. I forgot to add a smiley wink, but that first statement was said somewhat tongue-in-cheek(not to be taken seriously).

Originally Posted by SirDougless

Mmmm, pot calling the kettle black???

Then I went on to explain the reality of how the housing market finds its' bottom in falling markets, which , unfortnately can not be done in little sound bites. Some things actually do take a bit of analyzing.

[marc26]

Originally Posted by JayBee

unfortnately can not be done in little sound bites. )

i don't think you can do "little sound bites"

[JayBee]

Originally Posted by marc26

i don't think you can do "little sound bites"

Yes I can!