
When real people can no longer afford homes, real people stop buying homes.
Sorry investors. Sorry flippers. Sorry realtors, mortgage brokers, homebuilders and assorted REIC.
This Ponzi Scheme is over.
Showing posts with label affordability. Show all posts
Showing posts with label affordability. Show all posts
September 15, 2007
Any questions? There shouldn't be.
Posted by
blogger
at
9/15/2007
38
comments
Labels: affordability, arizona home prices, housing p/e ratio, median incomes, ponzi scheme
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