This is quite an eye opening statistic. I guess this is just more proof of the housing bubble out there. Hopefully guys like Sklar will be able to dump his properties for a decent price. If not he will be in a world of hurt. The funny thing too is that these people were burned before:
I would say that 70 percent to 80 percent have been in the stock market and were burned in 2000 and 2001 or just do not feel they have any control over what's happening."
70 to 80 percent got taken in the internet bubble? That would really suck if they get burned again since they have even less time to make up the losses before they hit retirement.
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