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


To: bentway who wrote (45851)10/18/2011 11:14:09 AM
From: Mike Johnston  Respond to of 119361
 
Goog, Aapl is wealth creation. You are making and selling a product or providing service.

If wealth could be created just by people buying and selling houses between each other then everybody would be rich.

Great for you, you made profits on your investments and speculations, but in aggregate no new wealth has been created.



To: bentway who wrote (45851)10/18/2011 11:15:58 AM
From: Mike Johnston  Read Replies (1) | Respond to of 119361
 
Share with us, how much total profit has Greenie given to you via RE bubble?



To: bentway who wrote (45851)10/18/2011 11:22:45 AM
From: John Vosilla  Read Replies (1) | Respond to of 119361
 
People make decisions every day and often it is just a transfer of wealth even if you are selling a real good or service to a real human being. Witness the casino and the day traders here desperate to put some more equity into their account making fast money like on CNBC. Who lost if they won today? If they lost today who benefited?

Don't you just love so called conservatives examining a smart business decision by you and then bitch of your tax benefits to add insult to injury. Quite hilarious to me. Thank you Jim and FOX news for opening my eyes ...lol