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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (46287)12/29/2005 2:32:27 PM
From: John VosillaRead Replies (1) of 306849
 
"Are they REALLY that incredibly dumb, or are they just incredibly dumb? Then again, maybe they are just incredibly dumb!"

USA consumerism, housing bubble and all debt is good sure helped to<g>

I also think they all confuse real investing, real wealth and generating cash flow with lifestyle choices of buying the biggest baddest home they can afford or spending $30k remodeling a kitchen to keep up with their peers. This goes not just for 21 year olds but 41, 51 and even 61 it seems these days<g>
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