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pdooma asked:
People who were flipping houses and whatnot…not Joe Homeowner actually living in the house. What change would that have on the housing market numbers if you took out the speculators?
People who were flipping houses and whatnot…not Joe Homeowner actually living in the house. What change would that have on the housing market numbers if you took out the speculators?
Tags: Flipping Houses, Foreclosures, Housing Market, People
March 24th, 2007 |
Tags: Flipping Houses, Foreclosures, Housing Market, People
March 24th, 2007 at 7:15 pm
That still means 75% were not speculators. That is a pretty big percentage.
March 27th, 2007 at 8:04 am
Seriously you are looking at 25% versus 75%.
March 28th, 2007 at 10:03 pm
who can tell - someone would have eventually bought those house and and without knowing what kind of financing deal that person might have gotten you could wind up with a million different answers - if every one of those 25% was sold to someone with 10% down payment and a low fixed rate mortgage, and weren’t stretching their budgets to make the payments, then the overall situation would be 25% better