- This topic has 65 replies, 13 voices, and was last updated 16 years, 5 months ago by babbleon.
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December 4, 2007 at 9:00 AM #108806December 4, 2007 at 9:29 AM #108679babbleonParticipant
Have you ever considered that this might tie some homeowners to a house that they might not even want in the future?
Some of the benefactors of this bailout might have walked away and are potentially going to be stuck in a depreciating asset. The psychology swings both ways.
Prices will depreciate for the next 5-7 years IMO. The lesson learned for many of these homeowners will be that you cannot renegotiate the purchase price. That is not a happy scenario…the thought that you have overpaid for a six-figure investment by 30-50 percent!
December 4, 2007 at 9:29 AM #108782babbleonParticipantHave you ever considered that this might tie some homeowners to a house that they might not even want in the future?
Some of the benefactors of this bailout might have walked away and are potentially going to be stuck in a depreciating asset. The psychology swings both ways.
Prices will depreciate for the next 5-7 years IMO. The lesson learned for many of these homeowners will be that you cannot renegotiate the purchase price. That is not a happy scenario…the thought that you have overpaid for a six-figure investment by 30-50 percent!
December 4, 2007 at 9:29 AM #108816babbleonParticipantHave you ever considered that this might tie some homeowners to a house that they might not even want in the future?
Some of the benefactors of this bailout might have walked away and are potentially going to be stuck in a depreciating asset. The psychology swings both ways.
Prices will depreciate for the next 5-7 years IMO. The lesson learned for many of these homeowners will be that you cannot renegotiate the purchase price. That is not a happy scenario…the thought that you have overpaid for a six-figure investment by 30-50 percent!
December 4, 2007 at 9:29 AM #108819babbleonParticipantHave you ever considered that this might tie some homeowners to a house that they might not even want in the future?
Some of the benefactors of this bailout might have walked away and are potentially going to be stuck in a depreciating asset. The psychology swings both ways.
Prices will depreciate for the next 5-7 years IMO. The lesson learned for many of these homeowners will be that you cannot renegotiate the purchase price. That is not a happy scenario…the thought that you have overpaid for a six-figure investment by 30-50 percent!
December 4, 2007 at 9:29 AM #108836babbleonParticipantHave you ever considered that this might tie some homeowners to a house that they might not even want in the future?
Some of the benefactors of this bailout might have walked away and are potentially going to be stuck in a depreciating asset. The psychology swings both ways.
Prices will depreciate for the next 5-7 years IMO. The lesson learned for many of these homeowners will be that you cannot renegotiate the purchase price. That is not a happy scenario…the thought that you have overpaid for a six-figure investment by 30-50 percent!
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