On Nov 1, 2007, at 4:40 AM, Jordan Hayes wrote:
>> The highest estimate I've seen for people who
>> might face mortgage default is 20 million. That's not
>> enough to register on the poll.
>
> Um, there's only ~67M owner-occupied households. I think your 20M
> number is bad.
Yeah. 2 million is the number that I keep hearing.
> Here's something I haven't seen: how many of the defaults were
> speculators? I would think that speculators would be a big part
> of this.
Very good question - ain't seen nothing on that.