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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (189720)8/29/2002 4:35:21 PM
From: Mike M2  Read Replies (1) of 436258
 
Ild, the apologists for the low savings rate used to point to the huge capital gains of the public so there was no need to save. I suppose if you were short or owned gold you would have capital gains but not many people do that. Home equity is the last ( misplaced) hope. A major commercial property owner/ manager reported that the vacancy rate for Class A office space went from 10% last year to 15% - in Fairfield County . He noted it more from reduced demand rather than new supply . mike
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