The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: gpowell who wrote (46959)	1/11/2006 3:14:03 PM
From: John Vosilla	Read Replies (2) of 306849

I'm sure Jim M and a few others would agree with me the shift started taking place around 1998-9 and really took off since 2002-03. Growth in loan volume in Fannie Mae since GWB took office started with lax lending programs initiated a few years earlier. Clinton's initiation of unlimited use of $250k/500k exemption of taxes on homestead property was the other. NASDAQ crash and 9/11 sealed the deal. Was a perfect storm..

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