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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (47967)4/4/2004 6:29:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Good point SC. Taking another look, it's nearer 5% per year than 10% if California is excluded. California has silly land use laws which means people can't build as they should if supply and demand were allowed to function without capricious laws blocking development. See Thomas Sowell's comments about that: "Housing hurdles" etc... jewishworldreview.com

Mqurice