Quote:
Originally Posted by onewhippedpuppy
It's easy to blast the banks for not assessing a property's "true" value, but you would have needed a psychic for that. Remember that we all have the benefit of hindsight, I don't think most saw the bottom dropping out of the market ...to this degree.
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I did, as i say, when houses in the ghetto here more than doubled in value in about 4-5 years, i knew BAD things were going to happen...