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


To: Elroy Jetson who wrote (3497)7/20/2002 11:11:07 AM
From: John ChenRespond to of 306849
 
Elroy,re:"swell". How about this:
starting immediately,
o at no cost, we can buy 'house'/'stock' with no money
down, no interest payment for 6 to 24 months. Government
backed.

o Mind you, this is 'no cost to the government either so
current and future tax-payers don't be alarmed. US bonds
will be fixed to 0% for the next 10 years.

o Stock/house price is automatically fixed at +10% a year,
no need for appraisal, just show your receipt at closing.
For the 'prized property', option exists to increase to
the max with 10% guarrante.
Again, there is no cost to the government. Without having
to pay interest, the gov. can print as much money without
increasing inflation or liability. It's in ECON-101,
check with 'tax-advisor' or 'financial-planner'.