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techcharter

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techcharter

Re: uncle_chubbie post# 24069

Thursday, 11/02/2006 7:17:09 PM

Thursday, November 02, 2006 7:17:09 PM

Post# of 51808
OT: Interest rate cuts

The housing market is so saturated that even if loans were 0% interest, the remaining people still could not afford the payments. Home ownership is near 70%, there is little upside from there when layoffs are happening as stock markets make multi-year highs.
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