NAB 0.06% $36.21 national australia bank limited

He also said that there are over 18 million vacant houses for...

  1. 139 Posts.
    He also said that there are over 18 million vacant houses for sale in the US and that the lost dollar value could go as high as 1.3 trillion from the 450 billion it is at now.

    In the sceme of things 18 million seemd a number that was on the higher end of no surprise but with the word vacant added it puts a different slant on things.

    it seems that he may have made the best hard call just cutting it when they think there is enough in the kitty for them to afford it. I'm reading between the lines that this is the worst case and for NAB things should move forward with the possibility that they may get some of the 90% loss back if they are lucky


    Have I interpreted the interview this morning right or missed something
 
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