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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (84395)8/10/2007 4:30:20 PM
From: Live2SailRead Replies (1) of 306849
 
I will gladly take the trade of buying a house 20% lower even though I have the same payment. Taxes will be lower; insurance will be lower; I can pay down principal faster if I come into money; lastly, rates will have room to fall, and I can refinance.

So bring the prices down rising rates!
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