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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Little Joe who wrote (246)7/21/2003 5:50:58 PM
From: re3  Read Replies (1) of 110194
 
<<<worth

perhaps right now...but how does the house at 65k compare to income levels then vs the 200k on paper compare to income levels now ?

also, i don't know how far back you are going but these days, while people chortle about the low interest rates, it takes two incomes to cover family needs, PLUS, the parental unit has contributed to the down payment, PLUS, the basement is often rented out...nothing left to tap if things don't work out...
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