Forum Post: How to solve housing mess?
Posted 13 years ago on Oct. 26, 2011, 11:50 a.m. EST by chatbat321
(2)
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Force all mortgages to be immediately reduced (written down in bankers talk) to the Zillow (market) value less 10%, with 3% interest rate. Houses will be sellable again and the housing market will revive quickly.
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