The mortgage market has blown up. You can't get a loan anymore to save your life.
So who the flying f*ck is gonna buy all these damn houses?
A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
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8/10/2007
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Labels: dumping houses, housing crash, mortgage meltdown, shrinking buyer pool, supply and demand