ANSWERS: 6
  • No it is going to be Goverment regulated,lending practices are being amended. There will be a slight decline in the market but over all Real Estate will be a good investment going forward. People were to desperate to get into a home and lenders took advantage giving them balloon loans that were bound to fail.
  • just in a different form
  • It might take another geration or so, but it is inevitable. Things will go good for long enought that regulations will be relaxed, and the cycle will repeat itself. There will always be greedy people.
  • Yes. The subprime mortage crisis is itself a sequel to the Great Depression, as under the Bu$h Administration many of the Governmental controls set up to prevent stock market crash in 1929, were loosened. Eventually greedy bastards will once again pull the teeth out of the watchdogs of the economy.
  • There is always a sequel - untill the the final curtian. +5
  • Isn't foreclosure the sequel?

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