Originally Posted By fkurucz An interesting WSJ article on just how bad the situation really is. <a href="http://online.wsj.com/article/SB120657397294066915.html?mod=todays_us_nonsub_page_one" target="_blank">http://online.wsj.com/article/ SB120657397294066915.html?mod=todays_us_nonsub_page_one</a> My concern is that no matter how many bad mortgages the Fed or its surrogates buy out of the open market, prices in most housing markets will continue to tumble as they remain unaffordable to the masses using conventional financing. The coasts are toast.
Originally Posted By DlandDug Been done (sorta): <a href="http://www.amazon.com/Volcano-Coast-Toast-Jerome-Armstrong/dp/0064406903" target="_blank">http://www.amazon.com/Volcano- Coast-Toast-Jerome-Armstrong/dp/0064406903</a>
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