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- Joined
- Jun 25, 2005
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http://www.nytimes.com/2010/09/06/business/economy/06housing.html discusses helping current owners or future owners. I think that many current owners would not be hurt by a collapse in the housing market. Only owners who bought in the last 5 years or so would be hurt. Many folks have owned their homes longer and have not used their homes as piggy banks.
To get a pulse on this, a poll.
Would you be harmed significantly by a collapse in the housing market? For this poll, a collapse would be a 30% drop in the value of your home. If you don't own a home, you can answer no.
A 30% drop would change the value of our house back to when we bought it in 1994.
To get a pulse on this, a poll.
Would you be harmed significantly by a collapse in the housing market? For this poll, a collapse would be a 30% drop in the value of your home. If you don't own a home, you can answer no.
A 30% drop would change the value of our house back to when we bought it in 1994.