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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (266608)12/30/2005 3:42:21 PM
From: Jim McMannis  Read Replies (2) of 1577174
 
RE:"BTW I looked through 4 articles about the reasons why S.FLA's housing market is booming"

The Clinton tax break gets some press, not a lot. It's like the cat that ate the canary.
Tax breaks are tuff to repeal too.

With all due respect, it's just a major part of a big puzzle where all the stars lined up.

For instance AG turned on the spigots after 9/11. Lending practices were loosened greatly and mortgages passed on to Fannie and Freddie. Then there is the fraud. But all that will come out in the wash.

Sad thing is, a guy like you is toast for a long while. Sure you can get some affordable housing somewhere. Like Bumforck, Arkansas. Or Danville, Illinois.
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