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

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To: Broken_Clock who wrote (37951)8/5/2005 8:38:17 PM
From: Tradelite  Read Replies (2) of 110194
 
Pardon me for intruding, as I don't often visit this thread... but the following statement you just posted really stunned me:

<<Many, many, and I mean MANY homeowners are circling the country buying and selling two years later. They then move to a cheaper "undiscovered" market. Tell their friends. Demand overwhelms supply. First in sell to the latecomers.>>

Do you have any supporting links or evidence or statistics to support this incredible development? The reason I ask is that it seems impossible for anyone to live such a nomadic existence under current tax laws, without incurring great expense and inconvenience that outweigh the tax advantages. If "many many" homeowners are doing this, as you say, I'd sure like to know more about this phenonemon. Thanks in advance.
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