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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (31499)5/18/2005 10:21:07 PM
From: John VosillaRead Replies (1) of 306849
 
Grace, I think long term interest rates were already falling in by 1992. Commercial market crash from overbuilding, 1986 tax law change eliminating passive losses on investment property and the collapse of the S&L's made borrowing for real estate next to impossible for many years.
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