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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: UncleBigs6/27/2006 3:19:00 PM
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as I calculate, the 21% reduction in California home sales for the month of May equates to about $12k less income per active real estate agent for the month vs. the prior year.

I think most real estate agents live high on the hog with leased Mercedes, several homes, leveraged to the hilt on arm loans. They more than most believe and have acted on the lies they spread.

If you tell a lie enough times, you'll start to believe it's true.

I hope these people get what they deserve.
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