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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (263638)12/6/2005 11:06:44 PM
From: bentway  Read Replies (1) of 1572946
 
To my way of thinking, most of the flippers would think holding and having to live in the house for two years would be way too slow and confining. What fueled the speculative boom were the lowest interest rates in 50 years and VERY loose financing standards couple with flaky mortgage products. The tax exemption had something, but little, to do with it.
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