How Bad Will the Mortgage Crisis Get?

I was going to be done for the night, but came across this article.  Kind of scary how bad things are I mean five years ago I didn’t know a single person who was afraid of  losing their job.  Now it seems half the people I know have lost their job, and are afraid of losing the house.

Paul Krugman mentions (in this article) another 25-50% drop in home prices!

Sad stuff.


The DisplacedGuy (a.k.a. Rich)


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