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: Jim McMannis who wrote (11361)	6/25/2003 4:46:29 PM
From: Elroy Jetson	Read Replies (1) of 306849

Only one more point? Hardly. Just wait until they impose the monthly tax on savings and cash balances to make the return negative. Just like the periodic re-coinage tax imposed by kings during the Middle Ages. Another great idea from the Middle Ages is a wealth tax which would impose a heavy annual tax on real estate equity or collectibles. To avoid the tax, get a maximum cash-back refi and spend that money today to get the economy moving. Americans have to spend their savings and wealth now to keep the world economy going.

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