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Real estate is a "leading indicator" in our economy. This could really be a bad ride with lots of people walking away from homes. In California, property taxes are going to plummet. I discussed that a year ago on KGO in San Francisco.


23 posted on 03/14/2007 10:27:17 PM PDT by doug from upland (Stopping Hillary should be a FreeRepublic Manhattan Project)
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To: doug from upland
Given you description, I do see DJIA suddenly crash under 10,000 in no time flat. Might want to start looking at investing in gold and any gold-related stocks.
27 posted on 03/14/2007 10:31:20 PM PDT by RayChuang88
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