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Real Estate
Reply to "Remember the recent bubble and crash -- it could happen again"
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[quote=Anonymous]-End of quantitative easing, accompanied by attendant rise in interest rates. This could result in rapid decompression of the current housing market as we know it. -Rent > own ratio -End of IRS housing deduction shifting value from ownership towards rental or migration -Big Banks and Wall Street hidden speculation -Local city and county residential real estate tax too high for homeowners who see concomitant drop in services and school quality -Downsizing from 2400 sq ft to smaller homes or rentals leaving mid size home glut [/quote]
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