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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (3698)7/30/2002 2:48:24 PM
From: The Duke of URL©Read Replies (2) of 306849
 
"the major explanation I see for the run up."

The major and 95% of the run up is cased by the Bank reform act.

Which allows taxpayer money to create an interest rate for home loans fully 7% below the real rate of the cost of money.

Taxes have gone up, not down on sfd's.

And I apologize, I did not know you had been spouting your tax theory for 3 years,..... so you have been wrong a lot longer than 3 months, sorry.

:))
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