Quote:
Originally Posted by Harry Lime
I meant to post a couple of days ago on the subject, but didn't have an opportunity at the time... the front page of the Calgary Herald had a lead in to the second page, reporting on incidents of mortgage holders going into banks, and dropping off the keys to houses that were financially underwater.
What I found amusing was that the person that they interviewed for confirmation of this trend was a realtor. Of course she stated that she had never heard of such a thing. What madness. Everything will be fine.
Everyone should have a realtor friend, that they can keep a close eye on, just in case they begin to sell their own properties. Sort of like when you see wildlife running out of a forest.
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I am bearish on housing, yet jingle mail has been blown up by the media for views and clicks. Its nothing right now
They had the percentages in one of the stories, and I am too lazy to look it up, but it was something like a tenth of a percent.