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

To: Mike Johnston who wrote (35273)7/13/2005 2:02:01 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
If you're renting, been out of the country, living on a boat, a first home buyer...basically out of the housing market for a few years...
YOU'VE totally been JOBBED.
You how has all this promoted home ownership?
It's basically just transfered and concentrated wealth to a lot of people were already "rich"...



To: Mike Johnston who wrote (35273)7/13/2005 2:15:26 PM
From: TradeliteRespond to of 306849
 
re:<<How about taxpayers who rent.
They are subsidizing windfall profits for homeowners >>

Renters are subsidizing no one but their landlords, so their landlords can pay higher taxes to Uncle Sam.


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