On Thu, Oct 9, 2008 at 10:13 AM, Bruce Johnson <[EMAIL PROTECTED]
> wrote:

>
> This is really really REALLY not-good news:
>
> <http://tinyurl.com/4lqg3v>
>
> In Las Vegas, 56% of homeowners are 'under water' meaning they owe
> more on their house than it's worth.
>
> This shit takes years and years to get better. I remember the last
> time this happened, during the S&L bust.


i was so unlucky during those times[in that i couldn't see through the faux
'genuinely wanting to help'], and was in a precarious position up until
earlier this year. although owning two houses [f&c] used to have some
weight, the market at the present time,   doesn't foster that.

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