I agree that Alt A implosion – Piggington's Econo-Almanac

May 23, 2008 at 9:51 AM #210565

Participant

I agree that Alt A implosion is coming. Lots of folks (subprime and Alt A) upgraded to bigger newer homes, spent $, extended credit, bought fancy cars, etc to “enjoy life and live to its fullest.” Realistic prices are coming, just wait.