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To: reaper who wrote (145398)	1/22/2002 11:12:41 PM
From: Tradelite	Read Replies (3) \| Respond to of 436258

You obviously have a great deal of financial education. What perhaps I have that you don't have is the experience of meeting many 20-somethings and 30-somethings who come to the real estate settlement table with hundreds of thousands of dollars worth of cash to buy homes (much more than I had when I bought my home)----these people have a jump-start on their financial futures, and they did it by being off-spring of the many people who saved and saved and invested and invested and made tons of money in real estate, the stock market, and other avenues. If you wonder why house prices are so high, it's because people have had money to buy those houses. It didn't appear out of nowhere, and the pot of money is growing. Do you recall my posts about my relatives who left behind many assets accumulated by years of owning real estate and stocks/bonds? The number of heirs who have assets to spend is growing, simply because the huge baby-boom generation propagated kids, big-time. You won't stop this train by calling me crazy.