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: Dan3 who wrote (57639)	7/13/2006 10:22:49 PM
From: John Chen	Read Replies (1) of 306849

Dan3,re:"it's going to impact the whole economy". Sure, very positive. Example: the buyer had to pay $500K, now has $50 to $100K more to spend due to the soft landing. The buyer is going to buy a lot of furniture, upgrades, landscaping .., taking the kid(s)/spouse to eat more often. This put the money back into the economy immediately. This is a WIN/WIN/WIN situation, both the sell/buyer/RE-pros.

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