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Re: Moeclay post# 413670

Wednesday, 05/24/2017 2:04:56 PM

Wednesday, May 24, 2017 2:04:56 PM

Post# of 867073
25% across 360 months or 30 years is less than 1% a year

It would be affordable but the safety net for lenders has been to a HUGE extent a flat or upward biased housing market and the cushion of the down payment

Also - that sure looks like renting in many ways and whey would people not just walk away
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