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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Bid Buster who wrote (1547)	2/4/2002 12:02:17 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

bid buster..did you miss this part of the story? ______ <<John and Bill were getting a much higher return on their assets, but absent leverage, the cash gain generated by their $10,000 investment was actually less than Mary's. (Raines ignored debt service on the grounds that almost everyone has housing costs, so John and Bill would have been paying similar amounts in rent.)>> Another point you might have missed is that when stock gains are cashed in (which is the only way to enjoy those gains), taxes must be paid. Not so when cashing in on the house purchase mentioned in the story.