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

To: GraceZ who wrote (2035)	3/4/2002 9:34:50 AM
From: Tradelite	Respond to of 306849

re: safe returns....sure seems that way today. Mr. Edelman's mortgage advice seemed so dated (such as alluding to 8 percent mortgages while making 10 percent gains somewhere else) that I looked hard to see when he had written that piece. Indeed the piece is old.....it's an excerpt from one of his books. Mortgage rates haven't been 8 percent in quite a while, and he neglects to mention that while making 10 percent with other investments (if that were even possible right now), a person probably will be paying tax on the 10-percent gains, which makes an 8-percent paid-up loan look like a steal. Whatta guy.