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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 (12209)8/10/2003 10:39:18 PM
From: John ChenRespond to of 306849
 
Jim McMannis,re:"RE getting pumped up". The FED needs to do
it to support the WARs. Those losers losing houses is not
of any consequence to the country. It is important to
have this 'tool' intact, to funnel money into the system,
being redirect to support the military.



To: Jim McMannis who wrote (12209)8/11/2003 9:53:45 AM
From: TommasoRespond to of 306849
 
Well, I was referring to the naivite of those who would like to change "life, liberty, and the pursuit of happiness" to include a no-down-payment house "ownership" as an inalienable right.

People who overpay for real estate do so at their own risk. No one is "forced" to buy a house.