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Old 10-19-2012, 02:16 PM   #34
Billy Bob
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Join Date: Jan 2012
Location: Tiera Verdi Fl & Moultonborough
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Quote:
Originally Posted by patman View Post
Forced or allowed? Big difference. Citation?
Actualy George Bush had a large say in increasing the percentage of homeowners to levels that were not sustanable . Lots of room to find fault .

Lax lending and low downpayments led to buyers with no skin in the game and when values went down they headed for the hills
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