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Perpetual shadow inventory extends housing downturn and creates uncertainty

By golfplan18   Follow   Thu, 21 Jun 2012, 6:45am   408 views   3 comments
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http://ochousingnews.com/news/perpetual-shadow-inventory-extends-housing-downturn-and-creates-uncertainty

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1. golfplan18 Follow Befriend (2) 519 threads 114 comments Irvine, CA

   1   6:46am Thu 21 Jun 2012   Share   Quote   Permalink   Like   Dislike

2. golfplan18 Follow Befriend (2) 519 threads 114 comments Irvine, CA

   2   6:47am Thu 21 Jun 2012   Share   Quote   Permalink   Like   Dislike

3. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

   3   7:55am Thu 21 Jun 2012   Share   Quote   Permalink   Like   Dislike   It will be survival of the fittest. Banks will simply withhold their diamonds,, er debeers,,er,,, shadow,, er,, oh whatever.. Big Banks (corporations) survival depends on the ever increasing GREED & DESPERATION of home buyers to mitigate those banks losses. Seeing as how gubmint is taking money from those same desperate buyers (tax's) and GIVING it to those banks @ ZERO INTEREST, the people are at a definite disadvantage. Citizens can either break the banks by refusing to do business with them or we return to serfdom. They CAN NOT GOVERN THEMSELVES ! This shit has got to stop. CAN YOU SEE IT from THEIR point of view ?.