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Old 03-15-2008, 10:53 PM
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Default The Depression of 2008

Posted By: Fred C

Josh,

Even with the ridiculously stupid financing arrangements made by some brokers, houses in the million dollar range were out of the reach of people that ad no real financial means to afford any kind of house. People that qualified for million dollar homes would have at least been able to afford a half million dollar home without the creative stupidity that people were calling financing.

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