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Re: Shiller on housing bubble



On 6/18/05, Marvin Gandall <marvgandall@xxxxxxxxxx> wrote:
> The "refi" factor also adds a new dimension to this particular bubble.
> Mortgage money is being used not only for homebuying and furnishings, but
> consumption in general, so the effect of a slowdown will be more widely felt
> beyond the traditional sectors tied to real estate.

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Sending kids to college.............


-- 
"Life sure is weird but what else am I to know?" [Jason Pierce]



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