[lbo-talk] Americans pissed, sez Greenberg

Doug Henwood dhenwood at panix.com
Fri Nov 2 06:41:31 PDT 2007


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.



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