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big-yank

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big-yank

Re: brandemarcus post# 16886

Monday, 11/07/2016 9:17:50 AM

Monday, November 07, 2016 9:17:50 AM

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The "problem" in California is a warning sign of the next housing crisis looming on the horizon. The bubble is rebuilding while interest rates remain at a near-zero nadir. What is going to happen when they inevitably rise? What is going to happen when illiquidity paralyzes the resale market?

2008 could look like a picnic by comparison.
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