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

To: patron_anejo_por_favor who wrote (38787)8/22/2005 1:10:43 PM
From: bentwayRead Replies (2) | Respond to of 306849
 
I just want them to take away the mortgage interest deduction, especially for second homes. The way to sell this to the people is to claim that it was put in to benefit the hated congresscritters, who maintain two residences, those pork gobbling pigs!

I'd rather they leave the capital gains exemption. It's a windfall available to any homeowner that needs or wants it, not just rich people. I think a lot of people may be needing it soon.



To: patron_anejo_por_favor who wrote (38787)8/22/2005 1:27:22 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
<When they take away any part of the punchbowl, the party will collapse and all the guests will go "home">

Good one but the $64k question is where will their new home be?


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