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: Lizzie Tudor who wrote (8305)	1/21/2003 2:43:41 PM
From: Jim McMannis	Read Replies (1) of 306849

If you want to raise stock prices, cut the cap gains tax on selling them. if you rally want them to go up. Add the cap gains back in on sale of a house. Then people will shift money back to stocks. maybe no like before but they will. I was just watching CNBC. They said housing starts still very strong. People panicing to get in? On the other hand...they reported evictions/forclosures etc are really on the rise in maricopa county Arizona. Jobs scarce. It's beginning. Starting to crack. The "for rent" signs are taking a big jump. This is the first sign. FSBOs all over the place too. Yet another sign of the "hot" peak. At my local community college, IT courses are nearly empty. RE courses are packed. Including mortgage broker. Jim

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