- This topic has 485 replies, 39 voices, and was last updated 17 years ago by SD Realtor.
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December 4, 2007 at 12:26 PM #108895December 4, 2007 at 12:36 PM #108754AnonymousGuest
“This is misleading. It’s really the combination of declining prices AND the inability to pay.”
I agree with the article. Think about the psychology of it: Why would a buyer want to keep his home if his equity is now negative and probably won’t reverse for a long time-if ever? People aren’t going to do anything that isn’t in their own best interests. That’s what this thread is all about.
So, yeah, the bailout won’t keep the market from tanking.
December 4, 2007 at 12:36 PM #108859AnonymousGuest“This is misleading. It’s really the combination of declining prices AND the inability to pay.”
I agree with the article. Think about the psychology of it: Why would a buyer want to keep his home if his equity is now negative and probably won’t reverse for a long time-if ever? People aren’t going to do anything that isn’t in their own best interests. That’s what this thread is all about.
So, yeah, the bailout won’t keep the market from tanking.
December 4, 2007 at 12:36 PM #108891AnonymousGuest“This is misleading. It’s really the combination of declining prices AND the inability to pay.”
I agree with the article. Think about the psychology of it: Why would a buyer want to keep his home if his equity is now negative and probably won’t reverse for a long time-if ever? People aren’t going to do anything that isn’t in their own best interests. That’s what this thread is all about.
So, yeah, the bailout won’t keep the market from tanking.
December 4, 2007 at 12:36 PM #108902AnonymousGuest“This is misleading. It’s really the combination of declining prices AND the inability to pay.”
I agree with the article. Think about the psychology of it: Why would a buyer want to keep his home if his equity is now negative and probably won’t reverse for a long time-if ever? People aren’t going to do anything that isn’t in their own best interests. That’s what this thread is all about.
So, yeah, the bailout won’t keep the market from tanking.
December 4, 2007 at 12:36 PM #108910AnonymousGuest“This is misleading. It’s really the combination of declining prices AND the inability to pay.”
I agree with the article. Think about the psychology of it: Why would a buyer want to keep his home if his equity is now negative and probably won’t reverse for a long time-if ever? People aren’t going to do anything that isn’t in their own best interests. That’s what this thread is all about.
So, yeah, the bailout won’t keep the market from tanking.
December 4, 2007 at 1:10 PM #108779patientlywaitingParticipantsandiego, in case you didn’t know, Kelly is a reporter with a great online paper, Voice of San Diego. She’s worth talking to, at least off the record.
December 4, 2007 at 1:10 PM #108884patientlywaitingParticipantsandiego, in case you didn’t know, Kelly is a reporter with a great online paper, Voice of San Diego. She’s worth talking to, at least off the record.
December 4, 2007 at 1:10 PM #108916patientlywaitingParticipantsandiego, in case you didn’t know, Kelly is a reporter with a great online paper, Voice of San Diego. She’s worth talking to, at least off the record.
December 4, 2007 at 1:10 PM #108927patientlywaitingParticipantsandiego, in case you didn’t know, Kelly is a reporter with a great online paper, Voice of San Diego. She’s worth talking to, at least off the record.
December 4, 2007 at 1:10 PM #108935patientlywaitingParticipantsandiego, in case you didn’t know, Kelly is a reporter with a great online paper, Voice of San Diego. She’s worth talking to, at least off the record.
December 4, 2007 at 7:30 PM #108924kellyParticipantWhoops — thanks, patientlywaiting. Forgot to tell everybody who I am.
Kelly Bennett
voiceofsandiego.orgDecember 4, 2007 at 7:30 PM #109029kellyParticipantWhoops — thanks, patientlywaiting. Forgot to tell everybody who I am.
Kelly Bennett
voiceofsandiego.orgDecember 4, 2007 at 7:30 PM #109061kellyParticipantWhoops — thanks, patientlywaiting. Forgot to tell everybody who I am.
Kelly Bennett
voiceofsandiego.orgDecember 4, 2007 at 7:30 PM #109071kellyParticipantWhoops — thanks, patientlywaiting. Forgot to tell everybody who I am.
Kelly Bennett
voiceofsandiego.org -
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