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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (44370)	1/22/2013 9:06:32 PM
From: Vendit™	2 Recommendations Read Replies (2) \| Respond to of 219014

I just bought a $1,000,000 replacement value home for $442,500 so I am good on homes. This is not a brag but does make your statements about them ring true and our thinking about this much the same. It will also be my hedge against higher tax rates. Home mortgage interest is deductible since I am one who has not gone Galt but will in the next 7 years. I can control the home and its upkeep with no problem so its value will rise thus I have a built in $500,000 equity that cost me $0. I cannot control the fed or its money printing policies but have no problem taking advantage of the rewards they have created so everyone is happy. V