green_cheeks

Thornburg's a Huge Bargain After Monday's Crash

Isn't essentially coming down to the fact that people are going to draw more out of investments to pay mortgages? It seems that will hurt the stock market overall, but would help certain stocks like TMA. The are so many unsavory intangibles to walking away from a home... ie.. moving, telling your kids you have to move, just a general sense of pride in home ownership despite the pinch involved financially.
Math is a strong subject for me. But it isn't for a lot of people. They may hear that their home is worth less than what they are in it for in for, but it is STILL THEIR HOME. They are not analysts sitting down every night trying to figure how much their house is worth, they are watching American Idol.