# you might leave work today to go home to a different world..

**URL:** <https://forums.speedlife.net/t/you-might-leave-work-today-to-go-home-to-a-different-world/200078>\
**Category:** PittSpeed Off Topic\
**Created:** [October 10, 2008, 5:30am UTC](https://forums.speedlife.net/t/you-might-leave-work-today-to-go-home-to-a-different-world/200078 "2008-10-10T05:30:47Z")\
**Posts on this page:** 1\
**Showing post:** 11

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**Author:** ![4doors5gears](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/4doors5gears/32/6006_2.png) [@4doors5gears](https://forums.speedlife.net/u/4doors5gears)\
**Post date:** [October 10, 2008, 6:28am UTC](https://forums.speedlife.net/t/you-might-leave-work-today-to-go-home-to-a-different-world/200078/11 "2008-10-10T06:28:00Z")

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> [@i can't believe theres no posts about the SNOW](https://forums.speedlife.net/t/i-cant-believe-theres-no-posts-about-the-snow/38293/16):
>
> I wish i knew more about how all this works… what actions take place to drop the market so bad?

Along with what Mr. Star said (which was very good), home values were also overly assessed and the market seems like it was forecasted to do a lot better than they were. The banks loaned the money out figuring that with values on the rise, even if they lessee couldn’t follow through and ended up foreclosing, the house would be worth enough that the bank would still make their money. Home values dropped and all that loaned money is gone.

Someone please correct me if I’m off on this…

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