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2014 recovery???

Started by sniper
over 15 years ago
Posts: 1069
Member since: Dec 2008
Discussion about
http://www.reuters.com/article/idUSTRE6B656N20101207
Response by inonada
over 15 years ago
Posts: 8028
Member since: Oct 2008

The shift here is quite dramatic IMO:

'The two firms released a survey showing a marked deterioration in consumers' views of the housing market, too. Almost half -- 48 percent -- said they'd consider walking away from their homes and their mortgages if they were underwater on their loans. That's up almost 20 percent from when the same question was asked in May. "If that continues it would be an epidemic of strategic defaults," said Flint.'

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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007

this can't be right. toll brothers just announced the recovery will start next year and 2012 will be a bang-up year.

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