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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (61266)5/17/2006 6:06:04 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Snap! Crackle! Pop!
globaleconomicanalysis.blogspot.com
Mish



To: russwinter who wrote (61266)5/17/2006 7:45:23 PM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
RE:"Correct about a million and a half real estate agents, but if those folks in aggregate are taking home 20-25% less than last year, that could be quite a hit on taxable wages."

Most all real estate agents don't get wages they get commissions and they are treated as independent contractors. That said, don't be surprised if it's a lot more than a 20-25% hit. It will be more like the broker fall out after the '87 crash. They just got out of the business or out of a window. <G>



To: russwinter who wrote (61266)5/17/2006 9:01:21 PM
From: sammy™ -_-  Respond to of 110194
 
Most agents don't make very much money during a boom, because of one simple fact, the boom attracts way too many of them.