housing margin calls

  1. mike68
    11,875 Posts.
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    11/01/11
    22:44
    Post #: 7719523
    Just got off the phone to my friend

    Looks like the big end of town in Mandurah WA is getting margin calls on home loans, seems banks want to reduce their exposure to the 1.5 mill + market down there.

    interesting times ahead
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