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To: Amy J who wrote (142680)9/4/2001 10:07:14 AM
From: Tushar Patel  Read Replies (3) | Respond to of 186894
 
It is not going to be so easy for the fed to cut interest rates much because deflationary pressures are likely to become significant.

Heres a recent article I ran across on effect of housing crash.

forbes.com



To: Amy J who wrote (142680)9/4/2001 10:13:07 AM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
RE:"What's holding housing up? Probably the interest rate cuts."

And the big tax break...no cap gains selling your primary residence...