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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (266452)12/29/2005 4:23:40 PM
From: Jim McMannis  Read Replies (3) | Respond to of 1574260
 
RE:"You are so off the mark...the housing market in several US regions was overheated long before Clinton's tax change."

Yes and no. Places like, FL, Arizona and NV were very reasonable. Then the Clinton free $500k onslaught began. Once it got going, Greenspan foolishly fueled it. Prices went through the roof and even in already expensive places like NYC and California, they doubled and tripled.
Because of it, Young people like Ted don't have much chance of future appreciation if they can afford a first home at all...