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Foreclosure Crisis Far From Over

publication date: Feb 1, 2011
 | 
author/source: Chris Prang
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Isn't it amazing that more people are losing their homes now than they were a year or two years ago, but now you don't hear that much about it? Gee, I wonder why that is.

The reasons are simple:
  • It's old news
  • It's bad news
  • At some point people stop paying attention to old and bad news
  • The government doens't want you to hear it
  • Realtors don't want you to hear it
  • Banks don't want you to hear it
There are many so-called "experts" who make mega bucks telling us what is happening and what is going to happen, but just about all of them are always wrong. They think the economy has recovered, but we may end up with a "double-dip." A, the economy has not recovered. B, we are still declining and never returned to where we were before. When housing prices return to their peaks from 2006 and then go back down...then and only then will we have a double-dip. How does something take a second dip when it hasn't even come close to getting back to the surface?

Anyway, check out this video...


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