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To: MythMan who wrote (224691)	3/1/2003 9:17:21 AM
From: Mike M2	Read Replies (2) \| Respond to of 436258

MM, what a clown. Home prices have essentially doubled since 1993 in the greater NYC region and many other areas I'm sure. The guys at the Fed may not realize it but the bigger your mortgage payment the less you have to spend on other things- not conducive to economic growth. The housing bubble is just another generational wealth transfer - if you were born and bought at the right time it's great but if you buy a house now - you are going to be left holding the bag. mike

To: MythMan who wrote (224691)	3/1/2003 10:08:38 AM
From: Terry Maloney	Respond to of 436258

<<he added that interest rates would head higher only in response to more buoyant economic growth>> Sounds likes he's predicting dollar devaluation.

To: MythMan who wrote (224691)	3/1/2003 12:54:18 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

Message 18644144