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


To: kikogrey who wrote (32938)6/8/2005 3:36:40 PM
From: Mike JohnstonRespond to of 306849
 
You are totally right. The standard of living is going down and clowns like greenspan gloat how much new "wealth" has been created. They should retake economics 101. Rising house prices is not new wealth, it is a transfer of wealth and long term impoverishment of society.