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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (48512)	2/23/1999 6:19:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 132070

Terry: actually, you left out a lot of stuff needed on daily basis, like telephone bill (from this month my local phone bill was up 10%), like electricity (which is up somewhere around 10% too), not to mention vegetables, which I do eat a lot. My rent go up 3-4% every year. And the only thing I do not consume a lot is gasoline, because I go to work by bus. Well, inflation is a MYTH.

To: Terry Whitman who wrote (48512)	2/23/1999 6:20:00 PM
From: accountclosed	Respond to of 132070

I'm sorry sir, this is the non-smoking section --headwaiter AR <g>

To: Terry Whitman who wrote (48512)	2/24/1999 7:28:00 AM
From: wlheatmoon	Read Replies (2) \| Respond to of 132070

Home inflation here in South Jersey is also appearing to be reaching a manic phase. I've been looking at homes/townhomes for about 1 year now and this past month have been unbelievable. I don't know if people want to lock in rates or what, but buyers are bidding 10-20% more than asking price and many have cash for these places. Many homes are being bidded upon by several interested buyers at one time. Where are all these people coming from and why do they have so much cash? My guess is 1) many are moving during the Spring season--nicer weather 2) locking in mortgage rates 3) sold stocks and moving? 4) moving from older homes. Inflation is alive and well here. mike