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To: maccaca

Fine and dandy. But what about the fact the housing market still has a long way to drop. I think it was overvalued since 2003 and needs to go down to those levels.


7 posted on 09/30/2008 6:56:49 PM PDT by screaminsunshine
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To: screaminsunshine
I think it was overvalued since 2003 and needs to go down to those levels.

Peak of the market was roughly 2005-2006 so, we aren't too far from your 2003 target levels.

29 posted on 09/30/2008 7:07:03 PM PDT by fso301
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To: screaminsunshine

Amen to that!


33 posted on 09/30/2008 7:07:48 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
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To: screaminsunshine
But what about the fact the housing market still has a long way to drop. I think it was overvalued since 2003 and needs to go down to those levels.

Then let it. Congress should stay out of it.

59 posted on 09/30/2008 7:21:42 PM PDT by impeachedrapist (Bill Clinton, as Arkanas Attorney General did you make Juanita Broaddrick pay for her own rape kit??)
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To: screaminsunshine

It’s still a bailout: “Require the Treasury Department to guarantee, at up to 100 percent, bank losses resulting from failed mortgage-backed securities.”


115 posted on 09/30/2008 7:53:54 PM PDT by Boiling Pots (Hey B. Hussein, are you going to prosecute me now?)
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