home prices continue to decrease

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nimblecivet
nimblecivet's picture

That's bad news if your stuck in a mortgage and your property has lost value. Good news if you're a buyer. Time to play musical chairs? Or time to demand that we be able to write down our mortgages the way were supposed to when the banks got the TARP money? That would be a sort of bailout for many. Those whose pensions are affected by all this should be eligible for special conditions.

http://finance.yahoo.com/news/us-home-prices-drop-6th-130235133.html