CHARTS_CCI_SYSTEM

[Footquarters]

re interest rates


I am not sure what you are saying. I have sold 50 homes or more a year for the last 8 years, so I know my stuff. I consider owing money as a form of slavery. The more debt, the more you are enslaved to institutions and the less freedom you have in life. I have been out of debt for the last 9 years after I read a book about true freedom. The Freedom of Simplicity by Richard Foster, who is a Christian writer. I don't look at the accumulation of material goods as a goal in life. The old saying, whoever has the most toys when you die, wins... is not my goal. I look at housing as man's attempt to build a monument to their own significance. Enabling others around me is my goal in life. My family first and then others. The government intervention in the markets is nothing more as an attempt to bail out the banks. When Ben says that the recent interest rate increase was puzzling, it shows you how competent the government is. I am not complaining about interest rates. The problem is that the government and banks have again hood winked the American Public with real estate. Take a look at the ITB or IYR. They created another Bubble.