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To: ARCADIA
Rate hike, after rate hike, after rate hike

And how high will he have to hike to bring home equity down to 0%?

204 posted on 05/12/2005 7:59:30 PM PDT by Toddsterpatriot (If you agree with Karl Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
"And how high will he have to hike to bring home equity down to 0%?"

Now that is the 64 thousand dollar question? The problem is that he may overshoot and pop the housing bubble.

Here is a cartoon: http://www.creators.com/0424/sou/sou0430g.gif
206 posted on 05/13/2005 2:44:12 AM PDT by ARCADIA (Abuse of power comes as no surprise)
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