Replies to post #196 on Leucadia National fka LUK

[MrBankRoll]

The Coming Foreclosure Flood

The bottom line: just counting the homeowners who are currently behind on their mortgages, along with the existing number of foreclosures for sale, at the current pace it will take nearly three years to sell all the foreclosures out there.

http://www.housingwatch.com/2010/02/17/the-coming-foreclosure-flood/?icid=main|htmlws-main-w|dl2|link3|http%3A%2F%2Fwww.housingwatch.com%2F2010%2F02%2F17%2Fthe-coming-foreclosure-flood%2F

[MrBankRoll]

Looks like you'll have plenty of time to add to your inventory.