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Smart_Money

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Smart_Money

Re: Cactus Jack post# 6630

Tuesday, 07/23/2002 1:12:00 AM

Tuesday, July 23, 2002 1:12:00 AM

Post# of 704019
Only one reason Real Estate is rising. The TAX CODE. You can sell your home and keep the profits tax free. Yes, TAX FREE. So, you have Americans selling their home and buying a fixer upper or upgrading with the intent of selling. It's so common now most of the time your new neighbor moved from a house in the same neighborhood.

ps. Interest rates only boost the process.
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