...one generation shuns credit like the black plague of death. The next laps it up like pigs eating slop. What are the lessons from yesterday to be applied to tomorrow?
"I understand that people are angry, but they shouldn’t just endanger businesses without even a thought to enriching themselves through leveraged buyouts and across-the-board terminations..."
"...this huge drop would indicate buyers forfeiting the deposit and walking away as they think the loss on the purchase would be higher than the deposit itself!!!