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Investors Title Co. Message Board

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  • pmlljl pmlljl Feb 16, 2002 8:22 PM Flag

    Refi boom

    The refi boom continues. Interest rates still favorable for now and the foreseeable future. Investors will continue to favor real estate because they haave been burned in the stock market and they are not tempted to daytrade houses. And the killer reason is that most home owners can avoid income taxes even on very large gains. People hate to pay taxes so this is an irresistible reason to buy housing and the bigger the house the better.

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    • I agree, people do hate taxes. I just
      hope everyone realizes the if the power shifts
      people like tom dashal will be sure to repeal
      the free cap gains on housing, maybe start
      with what they think are rich people, like all
      houses above 200,000.00 hahaha remember you heard it hear first. But at least we are safe for the next 3yrs as long as bush is in.

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