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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Giordano Bruno who wrote (281559)10/7/2010 9:43:47 AM
From: Les HRead Replies (2) of 306849
 
"So, there you have it: pump up asset prices and hope that people spend some of the ephemeral gains. The idea that people will spend more if their houses and other assets rise in value is called the wealth effect, but this policy creates only pretend wealth."

seeing a lot of companies awarding employee stock options grants.
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