On Wed, 30 Jan 2008 16:52:47 GMT, Short Wave Sportfishing
wrote:

On Wed, 30 Jan 2008 11:44:49 -0500, wrote:

On Wed, 30 Jan 2008 06:44:42 -0500, "Jim"
wrote:

This is basically the real estate agent relief act of 2008.

It should help. You might see an uptick in RE activity.

We are already seeing new home orders. All they had to do was drop the
price to a more realistic level. The real tax problem is the
government was spending, based on that artifically inflated home
value. Home prices are down 25-30% but government spending is still
gong up.

25/30%?

Maybe in some over inflated markets - not around here.

Nor here. Maybe 10%.
--
John H