housing prices will drop until they are in line with pay & inflation.
many will be upside down in their morgages for years to come.
the only solution the govt has is to keep on watering down the dollar
to give the illusion of higher home prices.
the baby boomers who believe a govt gravy train of handouts, pensions,
social security, medicare..etc is on the way will soon be in for a
surprise.
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http://news.yahoo.com/s/ap/20080414/ap_on_bi_ge/housing_crisis_ap_poll
WA****NGTON - A growing majority say they won't buy a home anytime
soon, the latest sign of increasing pessimism about the nation's
housing crisis, a poll showed Monday.
