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Strategies & Market Trends : Paint The Table
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To: Alan Smithee who wrote (16945)2/28/2002 7:55:45 PM
From: Jorj X Mckie  Read Replies (1) of 23786
 
That goes to one of the things that Greenie brought up yesterday. That is that the people who lost money in the past couple of years were in the higher income brackets. That middle income folks have most of their assets tied up in their homes and therefore were not hit as hard.

So.....what happens when the value of homes starts to decrease?
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