"Gregory Hall" wrote in message
...

Yes, they get cash and Jon Boy gets a fix! :-)

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Gregory Hall


Housing prices in the Sacramento area has dropped over 30% since its peak in
Jan '06. I can understand his concern about the financial crisis, he's
already lost over a quarter million dollars in valuation from the peak. God
forbid he refinanced and pulled equity out of inflated houses, the last
place to be is upside down. Unfortunately, keeping housing prices inflated
is not the solution to the problem, it will only prolong it.