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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Micawber who wrote (25759)12/9/2004 6:58:56 AM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
A loan from their parents. How funny.

How deeply ingrained debt and Monetarism has become in our society, that people cannot even imagine a cash purchase -- unless that cash is borrowed from someone or someplace.

Buy today, if you don't you'll miss out. You have to invest when interest rates are lowest and prices at their peak.
Saving is for fools. Only the shrewd are smart enough to invest at the top of the market.



To: Micawber who wrote (25759)12/9/2004 9:50:24 AM
From: Peter JosephRespond to of 306849
 
Re: Real estate markets in Europe and the US have been built on debt for hundreds and hundreds of years

For the U.S., starting in 1776, i can count 228 years. How many hundreds of years is that?

Time to update that RE newsletter.


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