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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Tommaso who wrote (37382)7/31/2005 1:24:01 PM
From: loantech  Read Replies (2) of 110194
 
Very good post and I agree 100%. In my case I am keeping our modest home because it is a home not just a house. By this time next year or maybe sooner it will be F&C. Of course that will come with a healthy price tag for taxes, insurance and utilities all of which will be about $550.00 per month.

Taxes = $180.00, Insurance = $35.00, Water, N gas, electricity about $325.00.(Need to check on the utilities costs.)

I prefer here to an apartment which would rent for $900.00 or so now for a three bedroom.

Yes us middle class people will need to tighten the belt as all we need will cost more in the future, energy, gas, food etc.......
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