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Seattle Bubble Forum Archive • View topic - Living the vida-HELOC'a

Living the vida-HELOC'a

Myth propagated by bitter ignorant renters, or statistical reality ignored by real estate professionals?

Moderators: synthetik, The Tim, Lake Hills Renter

Living the vida-HELOC'a

Postby deejayoh » Mon Apr 30, 2007 9:42 am

Interesting piece on the impact of past and future MEW behavior on the economy over at today (which if you don't read, you should!)

His contention is that the marginal propensity to consume from each dollar of home equity "wealth" is from $0.045 - $0.16 - and that this going away will throw a real monkey wrench into the economy.

Anyone have any good HELOC stories?
deejayoh
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Re: Living the vida-HELOC'a

Postby T, V & Mr. B. » Mon Apr 30, 2007 5:31 pm

T, V & Mr. B.
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