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Re: akasidney86 post# 66957

Saturday, 10/04/2008 2:31:40 PM

Saturday, October 04, 2008 2:31:40 PM

Post# of 252008
...they bring in the government as the investor...

Sorry, completely opposed. All this will accomplish is delay yet again the inevitable price discovery for home values, and introduce a fresh batch of distortions into the marketplace.

It is crucial, IMO, that failed investments in homes be allowed to follow their nature course - up to and including foreclosure.




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