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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Homeowners with negative equity numbered 5-6 million at the end of 2007. That's 1 out of every 10 mortgaged home in America. If prices continue to slide, expect it to get much worse. I presume the Federal Reserve will take future drastic measures to salvage asset prices.
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