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


To: Elroy Jetson who wrote (32961)6/8/2005 10:25:22 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
My real estate taxes are quite reasonable but then I live in a wealthy state thanks to the high federal taxes that are spent here to employ countless federal government workers. So thanks for your endless lobbying for higher taxes, they've propped up the economy in Maryland quite nicely.



To: Elroy Jetson who wrote (32961)6/8/2005 11:12:23 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Housing will be affordable again but I can promise you that most won't want it when it is. Prices change, but human nature remains fairly predictable

Isn't is funny how for most of the 1990's no one cared about real estate except the few remaining investors like us. I can't remember one person ever expecting anything more than very modest appreciation on any property. Some of us bought cheap and flipped with competition almost non existent and limited capital available. Others held for the long term with positive cash flow while paying down the principal balance being your perceived ticket to financial freedom way down the road once the mortgage was paid off. Boy how times have changed <g>



To: Elroy Jetson who wrote (32961)6/9/2005 7:46:07 AM
From: TradeliteRespond to of 306849
 
The more time you spend on trying to insult people, the sillier you begin to sound.

I made no call for beefing up the real estate "gravy train". I explained the reasons behind the rules and programs which now exist.

Meanwhile, you DID actually publish your belief that builders could adequately supply the nation's housing needs without government intervention.

Yeah, right. If builders always built quality housing, there would be no need for building codes. If the free market worked and played "nice" all the time instead of following the money, we wouldn't need zoning restrictions.

And rich landlords would have us all over their barrels.

You must believe in the existence of benevolent despotism?