like men don't do that too but I'd sh1t over them too on general purpose. Comment by Houses Depreciate Rapidly 2012-08-28 18:25:02 "Carl, I don't think that that would ever happen, at least not Where the Jobs Are. A $300K house will never drop to, say $90K. Investors have a LOT more cash than middle-class households ever will, and they will snap those homes up for slum rentals long before the middle class puts the cash together to buy them." Up until this post, I figured you were just blinded by "home debtorship" but this post is way over the top. "Carl, I don't think that that would ever happen, at least not Where the Jobs Are. A $300K house will never drop to, say $90K." Are you perhaps in denial about federal employment cuts after the government runs off the edge of the fiscal cliff? "Fifty percent of cuts are non-defense. They will hit the Department of Agriculture, the Department of Education, all across the government. We are going to have to fire federal employees. Nobody wants the sequester to go into effect." If Congress waits until after the election, it will have just several weeks to get the cuts done, but each party already has a framework. Odds of a resolution of the sequester before year end are about 55 percent, says Clifton. "It's really a reflection of what Congress looks like," he said. Comment by I blame progressives 2012-08-28 20:37:52 " they will snap those homes up