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Bank of America Corporation Message Board

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  • investment_wanker investment_wanker Aug 26, 2008 10:15 AM Flag

    IAS360 House Price Index Rises 1.1%

    My bet:
    One year from today, the average home price in LAS VEGAS will be at least 10% lower than it is today.

    You win if it stays the same, rises, or falls less than 10%.

    I'd like my dollar payable only in Norwegian krones please, not the worthless green Charmin they are printing in Washington these days.

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    • I'll bet the 20 state composite case-shiller value never gets much below 160 (if that) from it's current 167.7

      That is about the extent I care about.

      The peak to trough BAC has used for provisioning is more than adequate and it will have write-ups to come in all likelihood.

      Your prediction of a further 50% decline from current levels is laughable... That index value of 167.7 will never come close to a further 50% reduction. Saying things like that just makes you look like one of these ignoramuses...

 
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