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: Moominoid who wrote (149193)	9/22/2008 9:37:48 PM
From: neolib	Read Replies (1) of 306849

IMO, the problem is typified by Newt's article posted earlier. He does make some good points, but fails to see his own glaring contradictions. Mark to Market is a BIG issue when the markets are not liquid. But it is nonsense to think that allowing Mark to Fantasy coupled with zero cap gains tax is going to cure things. There is plenty of cash sitting on the sidelines, but it is not tax rates keeping it there. It is nobody trusts other peoples fantasies anymore, and for damn good reason. The solutions are not so simple.

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