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

To: bozwood who wrote (2496)	4/29/2002 6:31:01 PM
From: Tradelite	Read Replies (3) \| Respond to of 306849

Boz.....let's agree to not communicate with each other. We just don't speak the same language. You said high-rate credit cards are for sub-prime candidates. I said I had two of those high-rate because they literally pay me to hold them--pay no annual fee, pay no interest at any time because the balance is paid off every month, yet get cash rebates on purchases (closest thing to free lunch in the charge-card biz).....so what is the anecdote here and what is your research????? Forget it.....let's agree to disagree. I couldn't agree with your attempt to portray the costs accruing to a buyer who was renting at less than $800 a month while buying a $250K home, and you can't agree with my premise that high-credit-card-interest is NOT the province of only sub-prime borrowers. I also can't agree with your premise that the average stock holder will make 10 percent in the next year or two routinely unless you tell us what to invest in, and you don't agree that real estate is any type of investment for the future at all. I think you see the problem. Let's quit.