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: GraceZ who wrote (6880)	11/17/2002 9:19:44 AM
From: Wyätt Gwyön	Read Replies (1) of 306849

If someone presented a case to me where someone had a negative net worth of $173,000 I would assume one of two things. Either they were a recent graduate of medical or law school or they were a high salaried individual living way beyond their means. This hardly describes most 55-64 year olds let alone half of them. It's a ridiculous statement. you are confusing yourself. there is a statement of fact: avg. net worth is -173K. then you make two arbitrary assumptions, which, according to you, must be satisfied in order to make the statement true. since your assumptions are not satisfied, you conclude that the original statement is "ridiculous". but in fact you have just tricked yourself, because your arbitrary assumptions are just that, and have no relation to the statement of fact. a statement of fact cannot be ridiculous based on a laundry list of unrelated, arbitrary assumptions. it is either true or not true. so if you want to say Roach is stating a falsehood and you have the data to back it up, be my guest. but do not confuse yourself by walking down a garden path of your own making.

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