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It's dark times for the housing and the underlying credit markets.
People see the value of their house and think - hey - I don't have as much equity as I thought I did. The bigger repercussions are in the underlying credit markets.
Without credit - the way of life for most individuals and companies cease to exist.
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey
Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2
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