Re: McCain wins Florida primary...

On Wed, 30 Jan 2008 11:44:49 -0500, gfretwell@xxxxxxx wrote:

On Wed, 30 Jan 2008 06:44:42 -0500, "Jim" <jim@xxxxxxxxxxxxxxxxx>
wrote:

This is basically the real estate agent relief act of 2008.

It should help. You might see an uptick in RE activity.

We are already seeing new home orders. All they had to do was drop the
price to a more realistic level. The real tax problem is the
government was spending, based on that artifically inflated home
value. Home prices are down 25-30% but government spending is still
gong up.

25/30%?

Maybe in some over inflated markets - not around here.
.

Relevant Pages

  • Re: Refuting supply-side economics
    ... Annual government spending is about 100 times ... If the price of a hamburger goes up a million-fold, ... >But they have to sell real assets, and who are they selling them to, ...
    (sci.econ)
  • Re: McCain wins Florida primary...
    ... price to a more realistic level. ... Home prices are down 25-30% but government spending is still ... that when the assessments were corrected, the town budget had to be ...
    (rec.boats)