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I remember that crisis. I also remember mortgage rates at 13.5%. Same money for much less house. Now, its more house for less money. Maybe, this will all level out. Hope so!!
Back then nobody believed it was the governments place to step in and save people. Lots of innocent people lost everythingin the S&L failures also. Today, the people expect the government to save us from every hardship, even those of our own creation.