Quote:
Originally Posted by BigRedChief
The prices of 2006-7 are never coming back.
They were inflated by the demand of people who shouldn't have been given a loan in the first place because they can't afford the house. People making $40K - $50K in household income buying $300K houses with 3% - 5% down is a recipe for a bubble that did burst.
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It is going to happen again.