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badcar badcar is offline
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Join Date: Mar 2004
Location: Carnation, WA
Posts: 384
Garage
So..
More people owning homes using cheap money is bad. Instead of have an average debt of $120k at 9%, we have 6%. For those of us live in the interior US, realestate gains have only paced 4 to 6% a year, just above inflation here in Indy. Less money paid to interest does fuel other portions of the economy. JMO
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Mark aka- badcar
07' Cayman S-it turns good
02' C4S-traded for a big truck...
91 964 C4 (smile producer) gone...
99' Boxster (Frida)sold-miss it dearly
Old 08-11-2004, 12:31 PM
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