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Originally Posted by 1983/300CD
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Great truthful article.
Old sayings are around for many years because of one thing....they're true.
Ever hear the one "Every dog has its day"?
Banks are now paying the price for the housing market tumble. They [the banks]created the rise in housing costs and consumers made that bubble burst by defaulting/not buying homes.
Speculators too will pay the price. We as consumers must now do our part to keep our foot out of the throttle thereby reducing demand then the bubble will burst. But until people, like the guy that blew by me then 1/4 mile later turned left, learn how to drive with some dang sense, the price is going to stay high. I know my driving habits have changed dramatically and its amazing just how long a tank will last when you go easy on the throttle. lol....the guy that blew by me and then turned.....Past him at a gas station 10 minutes later.
I still can't see the price falling all that much though. More of a leveling off.....