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


To: Les H who wrote (6663)11/11/2002 3:06:11 AM
From: MSIRead Replies (1) | Respond to of 306849
 
The elephant in the room -- this out-of-control GOP gov't will protect itself and find ways to our wallets.

The proposed $4 trillion Bush tax cut added to the trillions in new spending will loot remaining liquidity in our country and end up on our doorstep in the form of higher costs and lower services.

The defensive strategy has to include: how to keep appraised values down. One way is to build new homes in stages.

Since none of the administrations economic assurances have made any sense, I'm even finding more power of prediction in wild radicals like Al Martin: almartinraw.com



To: Les H who wrote (6663)11/11/2002 11:10:04 AM
From: SouthFloridaGuyRead Replies (4) | Respond to of 306849
 
I read about the "mistakes" of government during the Great Depression. One of those commonly rehashed mistakes is that the Government raised taxes to keep the budget balanced.

But everything I read about these days, talks about state and local governments raising taxes to balance the budgets.

If it was detrimental during the 30's (which I believe it was), then how will it not be detrimental now?