[quote=Nor-LA-SD-GUY2]The logic, is that without inflation, we have 30% of mortgage holders (and no most will not be walking away) with approx. 90K in debt over what they could sell for ,meaning they are stuck and they are not going to be in a spending mood for a very long time.
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I’m curious where you got this statistic. I’m not disputing it – just wondering if it’s accurate.