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

To: Jim McMannis who wrote (3690)	7/30/2002 12:47:02 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Jim, if tax laws prevented people from cashing out, land and houses would be even more tightly held and scarce than they are now. What would THAT do to prices?

To: Jim McMannis who wrote (3690)	7/30/2002 12:51:42 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 306849

Jim, Jim, ....Jim, Jim... SIGHHHHHHHHHHH. You would SELL CASH OUT, have two friggin' years to rebuy, then trade up in equity, cash out the bigger LOAN, capessh, your theory, if I may be so bold as to call it a "theory" that you have been expounding for about 3 months now is dead friggin' wrong. Tax benefits in general certainly help, you got that part right, but your "theorectical" extrapolations beyond that are ................ how should I politely put it, "inarticulate".