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jimmy46's
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until the ratio of median housing prices to family income returns to historical levels:"""""""
Sep 04 13:25 pm
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All Comments by jimmy46 »Credit Suisse: Housing Bottom More Than a Year Away [View article]
I don't believe it,
the gov. keeps giving more tax breaks to homeowners.
That makes homeowning even more valuable.
1994, congress let people take $500k tax free out of a home sale.
2005 Nevada copies Cal and says property tax CANNOT go up more than 3% a year, regardless of inflation or anything else.
These tax breaks add to home value.