There were apparently a lot of people who didn’t think that Cramer was serious yesterday. So today on The Street he says "Just default- – it makes huge economic sense." Transcript below.
There were apparently a lot of people who didn’t think that Cramer was serious yesterday. So today on The Street he says "Just default- – it makes huge economic sense." Transcript below.
I keep seeing comments like this time and again: The Phoenix-area rental market is strong, with rents heading upward. Or like this from Businessweek, [via MSN] Fewer homes are selling because of volatile prices and subprime uncertainties, pushing up rents from San Francisco to Baltimore. Generally I see these comments from the folks that want to see sideliners back in the game, assuring us that with rents going up and home prices going down, it only makes sense to buy. Let’s consider something here though. Fewer buyers means more unsold homes. When sellers can’t or won’t lower prices, what do…
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