Quote:
Originally Posted by onewhippedpuppy
In SoCal, where the market prices are sinking like the Titanic, do you blame them?
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No, I don't "blame them" - everyone is doing what is rational for them. But clearly there is a major contraction in credit going on. Whether one approves of it or not, the near-term and even medium-term impact on the economy is going to be pretty clear.