It will mean though that foreclosures will be reduced assuming unemployment doesn't skyrocket and as such the overall market pullback will likely be far less than the extremist predictions.
I think it is universally accepted that to make the most out of property you should as much OPM as possible. Why would you borrow @ 7% to buy into an asset that you believe is in an "overall market pullback"?
I think I read something about that in Aesop's Fables when I was a kid.
