ebdap you are an example of the problem. Many people holding more than one house! The moment things start to look serious, ie another rally in oil, more interest rate rises, capitulation of USA.com, then the market will become directed by the weakest seller, ie the one that extended him/herself the furthest beyond his/her means! And there are many. Like one of the previous posters said. Interest rates are low. It wasn't that long ago interest rates were double digit and even into the 20s!
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property - very scary stuff!, page-18
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