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

To: Wyätt Gwyön who wrote (32998)6/9/2005 1:07:45 PM
From: The WharfRespond to of 306849
 
BOK Warns Against Real Estate Bubble
Central Bank Leaves Target Call Rate Unchanged at 3.25% for 7th Month


By Kim Yon-se
Staff Reporter
Bank of Korea (BOK) Governor Park Seung expressed grave concern about a renewed upward spiral in property prices. If rising real estate prices are not addressed, he said, it could destabilize the overall economy, let alone delay the much-awaited recovery

It is world wide and yes it appears for those who had a bit of foresight more egalitarian



To: Wyätt Gwyön who wrote (32998)6/10/2005 2:42:28 PM
From: GraceZRespond to of 306849
 
at least the RE bubble is more egalitarian in its wealth distribution

The opposite of the lottery, which a friend of mine describes as a tax on the mathematically impaired.


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