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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Elroy Jetson who wrote (68904)4/29/2008 2:23:21 PM
From: Maurice Winn  Read Replies (1) of 74559
 
So, if house prices drop 90%, rents could come back into normal range by dropping too. That wouldn't necessarily leave people feeling more wealthy as incomes could drop too.

But Helicopter Ben says "No they won't. I will throw bales of bucks out the helicopter doors to prevent prices falling". He has fleets of helicopters already launched and cheques are in the mail.

Mqurice

PS: Looks like the coast is clear over here. No barbarians, no totalitarians.
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