August 18, 2007
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Eight Point Three
Uhm, how can this be anything but bad?
The only area of sales growth: foreclosed houses, which now make up 8.3% of the Southern California home sale market, up from 7.7% in June and just 2.0% last July, DataQuick reports.
We had a bank run a couple days ago, the fed just helped out investors by flooding the market with money (you know, inflation), and... well...
It just kinda hangs there. Has anyone outlawed subprime mortgages yet?
Comments (2)
but if they did that, orange county would just wither and die! homer what kind of so-called american are you?
on a serious note, i have never been so glad to have a husband in government work because yay benefits and yay job stability.
we need a jubilee year.. dump all debts and try again.
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