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To: 16yearcycle who wrote (52246)4/22/1999 1:51:00 PM
From: Greater Fool  Read Replies (3) | Respond to of 164684
 
>>real Estate Bubble Bigger Danger Than Stock Mkt Bubble

Makes sense to me. After all, the standard leveraging of real estate is 4X equity! Many go higher than that. Say what you will about margin positions, they're nowhere near as liberal as real estate. I personally am a working stiff here in silicon valley yet am sitting on $800K in real estate, much more than I have in stocks.



To: 16yearcycle who wrote (52246)4/22/1999 2:01:00 PM
From: Foo Bar  Read Replies (2) | Respond to of 164684
 
real Estate Bubble Bigger Danger Than Stock Mkt Bubble

Any insight on when the real estate correction will happen like it happened a year or so ago?



To: 16yearcycle who wrote (52246)4/23/1999 2:11:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
Considering that the capital gains tax has effectively been lowered to zero for 99% of American homeowners...