The Subprime Situation - Sperry Real Estate
People who want to buy a home but who cannot are not demand for the purposes of determining the supply-demand-price equation. Why did this happen? Appraisers exaggerated values more than normal; People were more eager to buy homes and .... Trying to time markets, real estate or securities, is a formula for financial disaster. No one can do it. For example, had you been investing in the early part of the Twentieth Century, would you have been smart enough to know that 1932 ...
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