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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 (8217)	1/19/2003 11:17:52 AM
From: John Chen	Respond to of 306849

Elroy,re:"inflated homes prices". It's a WIN,WIN,WIN situation. Whoever has a hand on it got some fees, tax. Before they close out the pothole, most homeowners should (along with help of the 'mortgate banker, appraiser...' cash out and leave the house. Some of the houses take the US manufacturer's tactic: MSRP (manufacturer's suggested retail price) and takes a discount and market as:" reduced 100K' (the house was 600k+). Things are getting real interesting. This is a 'violent society'. The deserving stars' compensation and reward, the price of some RE (not all) and some city/state are samples of the kind of 'violent' the society being built-in. Violence always ends BAD. The 'little guys' bore the brutal blunt of the hits, as they should, according the standard procedure of some big US corporation, as they should since co's is not gov entities, they don't give hand out. Well, actually they do 'hand out', just the target is different. The hand out go to the very top. Of course, this is a 'class war', pretending there is no such thing is denial and 'building up the war'. Smart mouth may get away for a tenure/term, the eventual cost to society will be felt by someone nobody cares (rightly so since they don't exist yet). I saw the 'fiscal child abused' term on the newspaper. The writer is restraining not to say 'fiscal terrorism'.