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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: CalculatedRisk who wrote (38761)8/22/2005 12:51:05 PM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
>>``One of the pillars of strength of the housing market is the fact of the tax-advantaged nature of the asset,'' says Anthony Chan, a senior economist at JPMorgan Asset Management in Columbus, Ohio. ``To the extent that you chip away at that, you would see housing somewhat negatively<<

ROTFL, this is the understatement of the century. If they take away any part of the punchbowl, the party will collapse and all the guests will go "home".....<G>
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