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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JBTFD who wrote (7945)1/6/2003 10:15:51 PM
From: GraceZRead Replies (1) of 306849
 
Same numbers I have. -g-

What is funny is that I would venture a guess it most likely costs around the same or even maybe a smaller percentage of GDP to carry today's debt load considering that 1982 was at almost the historic high in interest rates (14.2 on the 30 year- 14.68 was the high in 1981) and we are now at an historic low. Of course, some of that higher priced debt is still outstanding.
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