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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 (8302)	1/21/2003 3:03:50 PM
From: MSI	Respond to of 306849

Real estate has at least 4 tax breaks, one where you can pocket $500k tax free. Now we are building a bubble that will likely result in a lot of pain. No, the pain will come when taxes no longer support the growing parasitic 40% of GDP called "government", and the taxpayers revolt. Real estate is one of the few sane parts of the structure. But not for long, as all levels of gov't zero in for confiscation, as a matter of life-and-death (of the bureaucracies and their jobs). They would never say this in so many words, but Gov't officials no longer have any option but either to (a)threaten your life, or (b)secretly confiscate your resources, by insisting on a massive lack of transparency. (a) has already been done, and accelerating into our neighborhoods in various guises of "threat levels", media barrages, and actual terrorist incidents, which will increase as much as necessary to get the level of control that gov't wants (b) is also accelerating through ever-more-sublime methods of debasing the currency, increasing indebtedness. All of which hollows-out the economy and will continue as long as the parasite is successful in keeping the slowly dying host blindfolded with media, monetary and legislative controls.