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citi group

Appraisal problems dealing with income-producing property.

Moderators: Otis, DB

citi group

Postby Edd Gillespie on Tue Nov 27, 2007 8:36 pm

Citi group just borrowed billions from Abu Dabi at 11% interest, and Brian Wiliams said houses dropped 4.5% where they haven't dropped before in this thing, like everywhere. Anybody got an argument? I didn't run my stats today. Sheez, I thought they were good for at least a month.
Edd “In the real estate economy, there are no guarantees that reason will prevail in a market where emotions run high and the amount of misinformation runs deep.” Jonathan Miller in The Matrix. So what’s an appraiser to do?
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Postby JMichael on Wed Nov 28, 2007 12:38 am

Hold on to your hat Gertie .. this is going to be very very bad before its all over. This is truely a housing depression .. just as it was in 1927 ... and two years later what happened?

The time is coming to become very very rich. One just has to know how to do it.
Sink your Teeth into the A$$ of Life!!
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