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Today’s Housing Bubble Post – Who Bails Out The Smart Ones Who Did The Right...
Smrat people got 7% fixed-rate loans because ARMs were obviously trouble. Their defaulting neighbors had 1% “teaser” rates and now get 5% loans as a bailout. The smart ones lose out all the way around....
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Today’s Housing Bubble Post – Model Refuses Dollars
This is actually a very big story. The world’s richest model (earned $30 million in 6 months this year) is now refusing to take her pay in dollars. She is insisting on Euros. This is huge because it...
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Image may be NSFW.
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Today’s Housing Bubble Post – Back To Issuing Warnings
Oddly enough I find myself back in the position of warning that the housing market may be heading to a terrible crash in the near-future. The bubble mentality has not changed at all and appears to be...
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