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Front Page News Discuss Six Trillion Dollars in Home Equity Gone in the InfiniteCredit Community Central forums; That is the guess of* a Washington Think tank based on the Case-Shiller home price index, as reported in today’s Los Angeles Times.Supposedly, this will complete the deflation of the ...
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Old 04-30-2008, 04:51 PM   #1
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Six Trillion Dollars in Home Equity Gone

That is the guess of* a Washington Think tank based on the Case-Shiller home price index, as reported in today’s Los Angeles Times.Supposedly, this will complete the deflation of the housing bubble started by Mr. Greenspan.This will put more homes underwater, worth less than the amount of the mortgages borrowed against the house.This writer has [...]

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