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

To: John Vosilla who wrote (40987)9/8/2005 10:13:05 AM
From: JayRead Replies (3) | Respond to of 306849
 
I'm surprised that there is no discussion about the new $51B request. Has all the current $10B+ been used up?

The two together work out to over $60k per displaced person, and insurance has yet to pay out.

That's a lot of money, I hope no one is trying to take advantage.



To: John Vosilla who wrote (40987)9/8/2005 10:25:03 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Are these guys ever gonna say they were wrong. There is no coming deflation other than in bubble RE"

Probably not.
Well, since asset appreciation in RE wasn't counted as inflation I don't see how it could be counted as deflation. Now if some jobs are lost, some deflationists will claim thats deflationary...otoh, so many were jobs were created off the IRS-wages radar screen.


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