RE is a die-hard business. It takes a while to unwind.

回答: Chance of recession: 90% => see my explanation:miat422007-08-16 08:46:55

Virtually all loans in two coasts are jumbo loans. Unfortunately, jumbo loans either have much higher interest or can not obtained at all (since no buyers of jumbo loans, even the government does not want to take the risk).

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No, not all loans on both coast are jumbo, mine are not -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (302 bytes) () 08/16/2007 postreply 09:49:30

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