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August 14, 2010

Real Estate’s "Tectonic Plates"

Renting vs. Owning: Shifting Consumer Preferences? Before explaining the “tectonic plates” of the housing market, this preliminary question: What was the biggest factor in the stock market’s almost 12X(!) appreciation between 1982 and 2000? A. Increased corporate earningsB. Low interest ratesC. An increase in stocks’ price-earnings multipleD. Reduced taxes on capital gains Answer: C Although...
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