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To: Toddsterpatriot

57% hahahahaahahah.. not remotely in the Single Family Home... Most folks, other than retirees who are free and clear are nowhere near 60% equity position.


86 posted on 12/05/2005 11:06:47 AM PST by HamiltonJay
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To: HamiltonJay

The Feds also came out with a study that said 50 % of economic growth was real estate related.


91 posted on 12/05/2005 11:15:22 AM PST by stephenjohnbanker
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To: HamiltonJay
Most folks, other than retirees who are free and clear are nowhere near 60% equity position.

Hmmm...that's a far cry from "not to mention, that most folks have taken nearly every ounce of equity out of it as well".

57% hahahahaahahah.. not remotely in the Single Family Home...

If you say so. You've been so accurate on this thread so far. LOL!!

93 posted on 12/05/2005 11:22:41 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: HamiltonJay; stephenjohnbanker
Most folks, other than retirees who are free and clear are nowhere near 60% equity position.

When these retirees die, who will they be leaving this incredible amount of wealth to? There is going to be a massive transfer of wealth from one generation to the next in this country. If Congress repeals the death tax, that transfer will only increase in size -- as it should.

95 posted on 12/05/2005 11:26:46 AM PST by Mase
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