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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (15288)	4/1/1998 7:31:00 PM
From: Greg Jung	Read Replies (2) of 18056

Rental properties? Here in Washington, DC suburbs property values have been near stagnant or declining since 1993 (just after I bought). Of course, I could still take out 120% equity and make even more in the stock market (BG). Cheaper to buy a house and make $900/mo payments than rent at $800/month. In Ca of course its different, there you pay 2x for the house you get here (or more) and renting is beyond reach of more people. Midwest has even picked up I believe, no longer cheaper than dirt (except maybe Oklahoma?). Greg So, Bonnie, you are actually buying some stocks? can we call that bullish and declare a top here and now?

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