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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (145255)	1/22/2002 5:35:27 PM
From: Tradelite	Read Replies (4) \| Respond to of 436258

That topic has been addressed at length on the "real estate crash" thread. This thread should probably be spared. <<gg>> And Joel, if you don't believe in home ownership, don't buy a home. If you want to analyze the numbers and find out how a purchase would work for you financially, consult a financial advisor or accountant who will run your personal numbers, examine your tax liability, determine whether you need a tax shelter, and give you some guidance. (By the way, you won't find many of these people advising you NOT to buy a home if you are in a high tax bracket--never seen one say not to buy a home in that case.) And as for selling you a home, I'm a licensed real estate broker (in the biz for about 14 years), but not currently handling anything except referrals and am probably not licensed in your state, anyway, so I can happily refer you to a good one in your area if you don't know any. As for Earlie's question, I didn't cut and run and fully explained (I thought) why I couldn't answer the questions and why I got involved in the discussion at all. Won't rehash all that. As for asking me to "back up" my statements....I'm trying to figure out why so many people think FNM and builders are good shorts. No one explains why these stocks should go down....only that they should, but no one backs up that belief with much hard data. These stocks won't be good, comfortable shorts until the mutual funds bail out, and right now, the funds have no choice but to stay invested in stocks of companies that make money. And right now, real estate-related stocks are making money---for reasons I certainly have discussed on the real estate crash thread. Best wishes and good luck with your trading and your ongoing home purchase avoidance--<<ggg>>