Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (242065)	5/22/2003 10:03:40 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 436258

Mike, it is obvious that AG is trying to keep the housing bubble afloat until the stock bubble can resurface. I think the politicians knew what they were buying into with this guy. They didn't want another strict taskmaster like Volker.

To: Mike M2 who wrote (242065)	5/22/2003 3:28:52 PM
From: RealMuLan	Read Replies (1) \| Respond to of 436258

>>The housing bubble is another example current owners are gaining at the expense of current and future buyers. << Even if for the current owners, they won't gain unless they sell the house without buying another new one before the price declines. those "paper" gain means higher property tax only for them, because by the time when they want to sell, either the housing price would have collapsed, or no one could afford to buy them.