On Apr 9, 12:36*am, bob haller wrote:
On Apr 8, 11:00*pm, "Attila.Iskander"
wrote:





"harry" wrote in message

....

On Apr 5, 2:33 am, Duesenberg wrote:
On 4/4/2012 6:42 PM, Home Guy wrote:

Ever notice that you never see headlines like "Canadians brace for next
forclosure wave" ???

Now - who's going to be the first bone-head to full-quote the entire
text of this post just to add one line?

=========================================

The OECD says Canada has the second highest rate of overvaluation of
homes in the developed world.... *And that the USA is undervalued at 9%

http://www.businessinsider.com/the-m...ing-markets-in....

Compared with what? * *Stupid statistic.

Maybe you're not smart enough to understand the concept
Overvaluation means that the valuation put upon a house is higher than it's
market value
It's easily verified by comparing the prices that houses ACTUALLY sell for
and their valuation before and after the sale.
Since most sale prices are reported to the tax authorities *to track capital
gains, it's a no-brainer that can by crunched by a very simple program.

theres no capital gains tax anymore for most private residences,
unless they are ultra expensive

or you sell too soon.

nate