Monday, October 22, 2007

Real Estate: This Graph Should Worry You


While the subprimes are going to settle out next year there's a whole new wave to follow that that won't break until 2012. 2012. Ouch!

HEY! Great Captains of Industry! We need a boom to off set this in the Bay Area? Any chance...oh. NM. ;)

1 comment:

Suz said...

Ugh. I get nauseous every time I see something like this in the news. Something about having only just recently purchased a home and having only a little bit of equity in it. I'm deathly afraid that I'm going to wake up one day and find myself upside down on my home loan.