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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (263601)12/6/2005 8:58:57 PM
From: Road Walker  Read Replies (2) of 1572803
 
re: Never the less...it not only shut out a generation, turned real estate into speculation but also cause great environmental damage to places like Florida, California and Arizona.

Clinton is the biggest environmental boondoogler in recent history because of it.


You are making a jump in logic I can't accept on the face. You are saying that the appreciation is real estate is entirely due to the threshold on home sale capital gains passed during the Clinton administration (Republican congress?).

Are you saying there are no other factors?
Demographics?
More restrictive zoning?
Low interest rates?
Money coming out of stocks to a safer haven?
Demand/supply?

Bush often brags about record home ownership during his admin... should he be giving the credit to Clinton?

Do you rent?

John
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