The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (3251)	7/8/2002 4:01:44 PM
From: Jim McMannis	Read Replies (1) of 306849

RE:"i'm just extremely curious right now as to how the lenders score potential buyers." The buyers have to be coming in with cash or a big down from the sale of their last home. Just think about it. possibly $500k TAX FREE...so money moves. Tax cuts are very inflationary. Remember Martin Zweig? Throw in low rates because the rest of the economy is in the dumps and you got a formula for a bubble of magnanomous proportion. Wanna help the stock market? Cut the cap gains tax on stocks and add it back into real estate.

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