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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on April 08, 2009, 12:42:47 PM

Title: Why home prices may never recover to 2006 levels - Great article.
Post by: Soul Crusher on April 08, 2009, 12:42:47 PM

http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/why-home-prices-may-never-recover.aspx?page=1



This article is very good and explains the insanity that was the housing market until 2007.

Title: Re: Why home prices may never recover to 2006 levels - Great article.
Post by: 240 is Back on April 08, 2009, 01:03:03 PM

they were never worth what they were selling for in 2002-2006.

Title: Re: Why home prices may never recover to 2006 levels - Great article.
Post by: Soul Crusher on April 08, 2009, 01:07:29 PM

Quote from: 240 is Back on April 08, 2009, 01:03:03 PM

they were never worth what they were selling for in 2002-2006.

Yeah but the problem is that there is trillions of dollars in bad debt and CDS out there now.