Thank you for writing the condescending, juvenile post that shows you at your worst and demonstrates why I don’t take you seriously and why I try to skip your posts.
You seize on a math error and ignore the core points stated and supported in my post.
You avoid any intelligent discussion of the potential shadow inventory of vacant bank owned property that is not being listed among the current inventory of homes that must be sold before a bottom can come in. No mention of the huge volume of Option ARM loans as represented by the lady I overheard on the financial radio program, or of the potential financial ignorance of the bulk of those people, also as possibly suggested by this sample of one. No, a single sample is not proof, but it is well evident of the type of gullible mind that was fraudulently steered into these loans.
I’ve broken a Cardinal rule and responded to you on this forum. Excuse me. I have to wash my mouth out with soap, detox, decontaminate, have my stomach pumped and go to Confession, but I want to sincerely thank you for demonstrating for all to see what a pathetic, sniveling gadfly you are. You are an egregious nuisance who lives to annoy, harass, bully and snipe. I honestly feel sorry for you.
You mean that 1.6 x 1/1.6 = 1?
Wow, profound.
All because I pointed out your stupidity? Wow, you're a delicate flower. LOL!