Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: sylvester80 who wrote (38857)	3/7/2002 11:49:49 PM
From: 4rthofjuly007	Read Replies (1) of 99280

You been drinkin'<g> Buying a home has always been the American dream. It's not like home ownership has come in "vogue" since the tax laws were changed. A number of factors have gone into driving the real estate market to bubble levels. I don't think that the tax laws factor in that highly as the average American does not pick up and move his family around every two years or so to make money. He just feels wealthier as his/her home value inflates. Now he DOES draw down his equity as it inflates to bubble levels and goes deeper and deeper into debt. I think you had better stick to trading. Excellent calls by you in the last few weeks.

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