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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (3681)7/30/2002 12:12:37 PM
From: TradeliteRead Replies (1) of 306849
 
That cap gains tax break would have to go back 150 years or so to prove your point.

Perhaps at some point in your life, you have visited the tourist attraction known as Mount Vernon, George Washington's home.

If that land were not a national park/memorial, it would be residential property that would have soared continuously in value over the centuries. It's waterfront, level, beautiful, and within 20 minutes of Washington, D.C. and 10 minutes of National Airport.
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