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


To: Jim McMannis who wrote (224323)10/10/2009 12:14:58 PM
From: Peter VRespond to of 306849
 
so if I hold off buying for two more years, I'll be a "first-time homebuyer" again.

Can they keep it going that long? Are we out of money yet?

Just checked with Timmy. He says more money is "no problem"!



To: Jim McMannis who wrote (224323)10/10/2009 12:42:03 PM
From: posthumousoneRespond to of 306849
 
<< said each house sale on average yielded $63,000 spent on goods and services, like moving vans and furniture. >>
wtf - if they have 63K to spend why do they need a tax credit!????!



To: Jim McMannis who wrote (224323)10/10/2009 2:22:03 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
but i thought the market had recovered. why subsidize a recovered market?

unless they are lying to us and it hasn't recovered.